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November 25, 2020

Use US English and US english references. Need by 6pm today. W

Business & Finance>Management

Use US English and US english references. Need by 6pm today. What incentives influence firms to use international strategies? What are the three basic benefits firms can gain by successfully implementing an international strategy? Why? Determine why, given the advantages of international diversification, some firms choose not to expand internationally. Provide specific examples to support your response. As firms attempt to internationalize, they may be tempted to locate their facilities where business regulation laws are lax. Discuss the advantages and potential risks of such an approach, using specific examples to support your response.A firm uses these incentives to be influenced to use international strategies:Extend a product’s life cycleGain easier access to raw materialsOpportunities to integrate operations on a global scaleOpportunities to better us rapidly developing technologiesGain access to consumers in emerging marketsBasic benefits firms can gain by implementing this strategy includes:Increased market sizeEconomies of scale and learning

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