Hey, please find the attached file, feel free to ask any questions and request for any revisions.. Thank you College of Administrative and Financial SciencesAssignment 1Course Name: Intro to InternationalBusinessStudent’s Name:Course Code: MGT-321Student’s ID Number:Semester: IICRN:Academic Year: 1441/1442 HFor Instructor’s Use onlyInstructor’s Name:Students’ Grade: Marks Obtained/Out ofLevel of Marks: High/Middle/LowInstructions – PLEASE READ THEM CAREFULLY• The Assignment must be submitted on Blackboard (WORD format only) via allocatedfolder.• Assignments submitted through email will not be accepted.• Students are advised to make their work clear and well presented, marks may bereduced for poor presentation. This includes filling your information on the cover page.• Students must mention question number clearly in their answer.• Late submission will NOT be accepted.• Avoid plagiarism, the work should be in your own words, copying from students orother resources without proper referencing will result in ZERO marks. No exceptions.• All answered must be typed using Times New Roman (size 12, double-spaced) font.No pictures containing text will be accepted and will be considered plagiarism).• Submissions without this cover page will NOT be accepted.Assignment Regulation:•All students are encouraged to use their own word.•Assignment -1 should be submitted on or before the end of Week-07 in Black Board only.• Citing of references is also necessary.Assignment Structure:A.NoAssignment-1TotalTypeCase StudyMarks55Learning Outcomes:•Explain the forces driving and evaluate the impact of globalization (Lo 1.3)•Discuss the reasons for and methods of governments’ intervention in trade (Lo 1.7)•Identify the major components of international business management (Lo 1.2)Case studyPlease read Case 5: “Lead in Toys and Drinking Water” available in your e-book (page no.615), andanswer the following questions:Assignment Questions:1. Should there be a global standard for toy manufacturing? What are some of the benefitsand what are some of the drawbacks of a potential global quality and manufacturingstandard?(marks: 2,minimum words: 150 words)2. With some 80 percent of the toys sold in the United States being manufactured in China,should the United States place greater emphasis on its toy-trading relationship with China?Could the United States control China’s manufacturing more than it does today? How?(marks: 2, word limit: minimum 200)3. The Flint, Michigan, water crisis highlighted a major issue in the United States regardingold lead-based pipes used to transport water to the community. This came to light in Flintdue to the failure of applying corrosion inhibitors to the water when the city leadershipdecided to switch water sources. What global fail-safe mechanisms should be enforced onwater consumption, and other consumable products, to safeguard from potential leadpoisoning?(mark: 1, word limit: minimum 150 words)Ans:1One of the most excellent ways to ensure children’s safety is embracing a global standard fortoy manufacturing. According to the U.S Centers for Disease Control and Prevention (2020), youngkids tend to put their toys into their mouths, which may be contaminated with heavy metals su…
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