What are some of the important ways in which a firm can restructure a business?
Answer to relevant QuestionsDiscuss some of the various means that firms can use to diversify. What are the pros and cons associated with each of these? Discuss some of the challenges that managers must overcome in making strategic alliances successful. What are some strategic alliances with which you are familiar? Were they successful or not? Explain. There are four basic strategies—international, global, multidomestic, and transnational. What are the advantages and disadvantages associated with each? Business practices and customs vary throughout the world. What are some of the ethical issues concerning payments that must be made in a foreign country to obtain business opportunities? Using the Internet, research the Small Business Administration’s Web site (www.sba.gov). What different types of financing are available to small firms? Besides financing, what other programs are available to support the ...
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