Question: Please answer the questions below in a short answer format, be precise and straight to the point There are four basic strategies-international, global, multi-domestic and

Please answer the questions below in a short answer format, be precise and straight to the point

  1. There are four basic strategies-international, global, multi-domestic and transnational used to gain competitive advantage. Define each. What are the advantages and disadvantages of each? Provide an example of a company for each type of strategy.
  2. What is outsourcing? Provide an example of a company that uses outsourcing. What is offshoring? Provide an example of a company that uses offshoring. What are the benefits/dangers of outsourcing abroad?

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