1. What is the importance of international expansion as a viable diversification strategy?

2. What are the sources of national advantage; that is, why an industry in a given country is more (or less) successful than the same industry in another country?

3. What are the motivations (or benefits) and the risks associated with international expansion, including the emerging trend for greater offshoring and outsourcing activity.

4 .What are the two opposing forces cost reduction and adaptation to local markets that firms face when entering international markets?

5. What are the advantages and disadvantages associated with each of the four basic strategies: international, global, multidomestic, and transnational?

6 What is the difference between regional companies and truly global companies.?

7. What are the four basic types of entry strategies and the relative benefits and risks associated with each of them?