What are the differences and similarities between international and domestic business development strategies? What are some of the issues an organization must address when entering a foreign market? What are the legal and political considerations when selecting a foreign market entry strategy?
What are the cultural and political interactions that may occur as a result of an international business venture? What are the costs and benefits of these interactions? What may international organizations do to promote cultural compatibility and political synergy?
When entering a nondomestic market, many companies often form an alliance or joint venture with another company. What are the benefits and challenges of strategic alliances? What factors should be considered when selecting a strategic alliance? Provide examples to support your response.
Why do management techniques often need to be adjusted when doing business in a foreign country? As an international manager, how might you adjust your management styles to account for a variety of cultures?