- Why might firms choose to pursue internationalization strategies? Identify five major motivations for expanding overseas. Classify these motivations as strategic or reactive and provide an example of each.
- Explain how changes in technology contributed to the globalization of markets and production. Would the globalization of production and markets have been possible without these technological changes? How do the Internet and the associated World Wide Web affect international business activity and the globalization of the world economy?
- “Internationalization” means diversifying operations to other countries and regions across the world. This trend is common in modern society, but why would a firm opt to internationalize? What benefits exist other than a wider market?
- Describe some internal and external factors that need to be considered before deciding on the mode of entry for a company. How does a company s internal makeup affect the speed in which it goes global?
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