What four factors are determinants of national advantage and serve as a basis for international business-level strategies?
Answer to relevant QuestionsWhat are the three international corporate-level strategies? What are the advantages and disadvantages associated with these individual strategies? What are two important issues that can potentially affect a firm’s ability to successfully use international strategies? What risks are firms likely to experience as they use cooperative strategies? How is each of the three internal governance mechanisms—ownership concentration, boards of directors, and executive compensation—used to align the interests of managerial agents with those of the firm’s owners? How do you think the situation at Stafford will impact global corporate governance?
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