The Internet has lowered the entry barriers for smaller firms that wish to diversify into international markets. Why is this so? Provide an example.
Answer to relevant QuestionsMany firms fail when they enter into strategic alliances with firms that link up with companies based in other countries. What are some reasons for this failure? Provide an example. What is the difference between discovery and evaluation in the process of opportunity recognition? Give an example of each. E-Loan and Lending Tree are two entrepreneurial firms that offer lending services over the Internet. Evaluate the features of these two companies and, for each company: a. Evaluate their characteristics and assess the extent ...Boundaries become less important as a firm develops a strong culture and reward system. Explain. Rules and regulations can help reduce unethical behavior in organizations. To be effective, however, what other systems, mechanisms, and processes are necessary?
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