In your opinion, what are the biggest challenges facing MNC’s in today’s economy and why? Allow for political, technological, and economic challenges.Why is it useful to have an 8-step negotiation model? What are the consequences if a step is skipped?Which of the cross-cultural themes discussed in Chapter 4 do you feel is most vital to the success of an MNC and why? How should an HR department evolve to match a company’s expansion overseas? Whichleadership roles are most important in this scenario?Characterize the future of US-based companies desiring to expand overseas within the next 5years. What political, economic, and technological challenges might those companies face and why? How can they be overcome?