Posted: June 11th, 2016

What are the differences and similarities between international and domestic business development strategies?

What are the differences and similarities between international and domestic business development strategies? What are some of the issues an organization must address when entering a foreign market? What are the legal and political considerations when selecting a foreign market entry strategy?

What are the cultural and political interactions that may occur as a result of an international business venture? What are the costs and benefits of these interactions? What may international organizations do to promote cultural compatibility and political synergy?

When entering a nondomestic market, many companies often form an alliance or joint venture with another company. What are the benefits and challenges of strategic alliances? What factors should be considered when selecting a strategic alliance? Provide examples to support your response.

Why do management techniques often need to be adjusted when doing business in a foreign country? As an international manager, how might you adjust your management styles to account for a variety of cultures?

With references.

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