Discuss the below:
Q1 What are the four primary benefits of an international strategy?
Q2 What are the three corporate-level cooperative strategies? How do firms use each one to create a competitive advantage?
Q3 What is an agency relationship? What is managerial opportunism? What assumptions do owners of corporations make about managers as agents?
Q4 What are the characteristics of the functional structures used to implement the cost leadership, differentiation, integrated cost leadership/ differentiation and focused business-level strategies?
Q5 What are invention, innovation and imitation? How are these concepts interrelated?