What are some global environmental trends affecting the choice of international strategies, particularly international corporate-level strategies?
Answer to relevant QuestionsWhat five entry modes do firms consider as paths to use to enter international markets? What is the typical sequence in which firms use these entry modes? What is the definition of cooperative strategy, and why is this strategy important to firms competing in the twenty-first century competitive landscape? What kind of strategic alliance has occurred with Microsoft and Yahoo? Explain your answer. For what reasons do you think they developed such an alliance? What is the market for corporate control? What conditions generally cause this external governance mechanism to become active? How does this mechanism constrain top-level managers’ decisions and actions? What does it mean to say that strategy and structure have a reciprocal relationship?
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