Question #1: International Risks and Strategic Alliances
Please respond to ONE of the following questions:
Question A
Start by explaining what are political risks and what are economic risks of operating in an international market? Then, choose an organization operating internationally.
How should the firm's management approach these kinds of risks?
Question B
Start by explaining the three major types of strategic alliances firms form for the purpose of developing a competitive advantage.
Provide an example of a company forming a strategic alliance - which type of alliance did it form?
How did management and leadership manage the risk and opportunities of the strategic alliance to the benefit/detriment of the organization?
Question #2: Case Analysis: MGM
Read the MGM Case Study in Case Study section of the text.
Write a summary of the case study. In your summary be sure to discuss reasons why MGM would use an international strategy to achieve strategic competitiveness.