Posted: April 1st, 2016

How do competitive advantage and comparative advantage differ?

1. How do competitive advantage and comparative advantage differ?
Why are these important concepts for international business. Be specific

2. Identify all of the forces in Porter s Diamond model. Discuss two of the
factors for each force and the importance of these factors

3. Your text discusses several forms of competitive advantage that a firm can derive from a diversification strategy. Discuss two of these. Be specific as to how advantage is derived and provide examples.

4. There are several approaches that an organization might take to develop new competencies. Please identify three of these. Discuss how they differ and why an organization would choose each of these approaches.

5. Organizations have many stakeholders. Please identify two important internal stakeholders and two important external stakeholders. Why are they important?

6. There are several entry strategies a firm may use when entering international markets. Please identify three of these. Discuss the advantages and disadvantages of each strategy.

7. There are two primary forms of diversification related and unrelated. Discuss the major characteristics of each and under what circumstances they may be appropriate strategies to follow.

8. Please identify one tangible and one intangible resource that are important in developing an organization s capabilities. Why are they important in developing key capabilities for an organization?