this is an 11 PART question

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How can firms use Michael Porter's framework as a tool to expand global trade? to increase scale economies to limit who they want to compete with to justify technology upgrades to decide where to locate certain activities Why is localization critical when a firm expands to a new global market? Localization limits the intensity of rivalry. Localization makes the industry less fragmented. Localization impacts profitability. Localization eliminates challenges for foreigners. How do multinational companies develop unique resources that help them achieve success when competing in foreign nations? based on production processes based on distinctive competencies based on localization based on marketing ability How do companies increase capital productivity and return on invested capital when pursuing international expansion? increase learning effects build production facilities in the new market increase sales volume use production facilities more intensively How can locating a value creation activity in the right location enable a firm to charge a premium price for a product? improved competencies elimination of trade barriers through differentiation lower costs of value creation How do international businesses in competitive global markets deal with ongoing pressures for cost reductions? use differentiation outsource functions to low-cost suppliers accommodate diverse demands create incentives for innovation According to many commentators, how has the impact of liberalization of world trade served to increase cost pressures? by eliminating differentiation by increasing availability of commodity-type products by facilitating greater international competition by increasing switching costs for consumers When would it be advantageous to make production and marketing the responsibility of an overseas subsidiary? when the distribution channel is well established when tastes and preferences differ significantly between countries. when economies of scale need to be improved when there is a high demand for customization Why should businesses in the global market consider regionalism when considering pressures for local responsiveness? There are fewer threats of protectionist policies. Preferences might be similar in more than one nation. Local responsiveness issues will be less critical. Local content rules will be immaterial. Why would a firm utilize production facilities in global regions and produce customized goods for local markets even though it is less profitable to do so? to realize significant scale economies to better serve local demands to improve location economies to leverage the firm's distinct competencies How do firms using a global standardization strategy tend to use their cost advantages achieved through economies of scale? to modify marketing strategies to local conditions to support aggressive pricing policies to develop new distinctive competencies for the world market to develop product offerings based on geographic markets