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1. In the international business strategy, there are two important dimensions: pressures for cost reductions (or global integration force) and pressures for local responsiveness (or

1. In the international business strategy, there are two important dimensions: pressures for cost reductions (or global integration force) and pressures for local responsiveness (or local responsiveness force). Why are these two dimensions important? Please answer it with considerations about the nature of multinational firms and the meaning of foreign direct investment. 5 pts & no limitation for pages. 2. Among the entry modes, strategic alliance is the most popular one. International strategic alliances are very important but are very difficult to manage. This means that when firms consider strategic alliances, there are many things that should be considered. Please choose the most important consideration in strategic alliance from your own perspective. You need to provide very clear reasons. You need to provide a real example that can show the importance of the answer you choose. (For example, if you choose organizational culture as the most important consideration, then you also need to bring a case of success or failure in strategic alliance because of the organizational culture.) 5 pts & no limitation for pages

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