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What are the main risks and rewards of international business for a large established domestic firm and a smaller new entrepreneurial firm? In the case
What are the main risks and rewards of international business for a large established domestic firm and a smaller new entrepreneurial firm? In the case of a large established domestic firm, which of the potential rewards is greatest (new customers, lower costs, and diversification of markets) and which risk is greatest (political, economic, cultural)? In the case of a new entrepreneurial firm, which risks and rewards are greatest? Why are the risks and rewards different for the two types of firms?
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