I need a positive feedback about the common below made by my classmate.

• All organizations weight pros and cons when making large decisions. When making the decision to pursue a global strategy the organization must take into account factors of probable investment that is required, the amount of traffic by estimation and much more. In the end if the business feels that in the long run revenue will succeed then the company would pursue the investment to strategize to go global.
• The most valuable resource a company can have is their reputation. Expanding globally can harm the reputation of the company that has other worries such as suppliers, competitors and third party vendor to set up the business and may not work the way it should. A reputation is already set because of the services and quality provided and if it change happens it could potentially harm the business.

For example, Apple does business globally. Their main supplier was Foxconn in China, this changed in 2010 when they were accused of low wages, long hours, poor working and living conditions basically sweatshop conditions and it backlashed. Now Apple has diversified their suppliers

• Cultural distance is the cultural disparity between the internationally expanding firms home country and its targeted host country. A firms decision to enter certain international markets is influenced by cultural differences. A greater cultural difference can increase the cost and uncertainty of conducting business overseas. Basically cultural distance increases the liability of foreignness. For example McDonalds started selling Beef burgers in India which is a country populated my majority vegetarians for religious purposes therefore affecting the business.
• IKEAs external challenges include finding new sources of supply to support more store openings, opening new stores to encourage growth, increased competition, economic conditions, change in the market. Internal challenges include maintaining growth and design, replacing CEOs, keeping costs low. Finding new sources of supply to support each store may be the greatest threat in my opinion. But if they focus on low cost it is possible.
• Expanding takes a lot of time, effort and attention to detail. It is important to take into consideration the deforestation and global warming issue