a) Discuss different strategic options that a company can make when venturing into international markets.
b) What is sustainable competitive advantage? Describe the strategy of striving to be the industry's overall low cost provider. What does a company have to do to achieve low-cost provider status?
c) What is a blue ocean strategy and what is its appeal? A global strategy embraces the theme "think global, act global" whereas a multidomestic strategy relies more on a "think global, act local" mentality. True or false? Explain.
d) Briefly discuss the key reasons why a company may consider expanding outside its domestic market. Under what sorts of circumstances are mergers with or acquisitions of other companies a better solution than entering into partnerships or alliances with these companies? How do mergers and/or acquisitions contribute to enhancing a company's position?