Strategic Management

Studying this chapter should provide you with the strategic management knowledge needed to:

8-1 Explain incentives that can influence firms to use an international strategy.

8-2 Identify three basic benefits firms gain by successfully implementing an international strategy.

8-3 Explore the determinants of national advantage as the basis for international business-level strategies.

8-4 Describe the three international corporate-level strategies.

8-5 Discuss environmental trends affecting the choice of international strategies, particularly international corporate-level strategies.

8-6  Identify and explain the five modes firms use to enter international markets.

8-7  Discuss the two major risks of using international strategies.

8-8  Discuss the strategic competitiveness outcomes associated with international strategies, particularly with an international diversification strategy.

8-9  Explain two important issues firms should have knowledge about when using international strategies.