What are some of the advantages and disadvantages associated with a firm’s expansion into international markets?


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What are some of the advantages and disadvantages associated with a firm’s expansion into international markets?


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1.What are some of the advantages and disadvantages associated with a firm’s expansion into international markets?

2. Explain the two opposing forces — cost reduction and adaptation to local markets — that firms must deal with when they go global.

3. What are the relative advantages and disadvantages of the basic entry strategies that firms have available to them when they enter international markets.

4. Explain the difference between strategic actions and tactical actions and provide examples of each.

5. Explain why entrepreneurial firms are often in a strong position to use combination strategies.

6. Discuss the relationship between types of organizations and their primary means of behavioral control.