What is the basis of Alan Rugman’s argument that most multinationals are still more regional than global? What factors inhibit firms from becoming truly global?
Answer to relevant QuestionsDescribe the basic entry strategies that firms have available when they enter international markets. What are the relative advantages and disadvantages of each? Many large U.S.-based management consulting companies such as McKinsey and Company and the BCG Group have been very successful in the international marketplace. How can Porter’s diamond explain their success? Explain why entrepreneurial firms are often in a strong position to use combination strategies. Why effective strategic control systems are so important in today’s economy? The problems of many firms may be attributed to a “traditional” control system that failed to continuously monitor the environment and make necessary changes in their strategy and objectives. What companies are you ...
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