Sunday, January 31, 2016

Week 4 Reading Reflection

1) What was the biggest surprise for you in the reading? In other words, what did you read that stood out the most as different from your expectations? 
 I was intrigued to read about the European Union (EU) and how it is the end goal for many entrepreneurs to become a part of this market.  The EU's population represents 7.3% of the world's population; however, the EU generates 20% of global GDP when measured in terms of purchasing power parity.  
2) Identify at least one part of the reading that was confusing to you.
I was confused about the function of diaspora networks and that they are used worldwide by more than 200 million people.  Diasporas work to ling together concepts from global entrepreneurs through the use of the Internet, Skype, and social media sites.  
3) If you were able to ask two questions to the author, what would you ask? Why?

  • How do the examples of bottom-line measures like commute time and post-secondary degree effect social performance? I would like to learn more about how these measures effect the social dimensions of a community or region.
  • What are diaspora networks and why are they important for global entrepreneurs? I would ask this because I am confused as to how exactly diaspora networks work and how they impact global networks of entrepreneurs.  
4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?

I didn't find anything I found from the reading where the author was wrong or gave inconclusive explanations to the topic.  Chapter 4 discussed the challenges of social enterprise's obligations that a business has to society.  Also, the chapter discussed five ways to actively engage the in international markets through importing, exporting, direct foreign investment, joint ventures, and licensing.  

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