One of the themes we discussed in class this term has focused on the strategy and structure of the internationalizing firm. In this context, we focused on the strategic and structural tradeoffs the firm needs to make to effectively internationalize. In light of our class discussion and your readings (a) discuss how the globalizing firm can manage the tradeoffs between the pressures for local responsiveness on the one hand and global integration of operations on the other and discuss how the firm attempts to balance achieving global value chain rationalization, transforming the firm's strategy, structure and processes from an international to a multi-domestic, then to a global, and eventually a transnational orientation (20 pts). In answering the question, address how the firm assures buy in within the organization through underscoring interdependence, and what roles subsidiaries play in helping the firm internationalize (10 pts). Pick a firm with which you are familiar (for example, one of the cases we studied in class, such as BRL Hardy, MKC, or Philips vs Matsushita) answer the question within the context of that firm's operations [30 points].