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What is international strategic management? What are the three sources of competitive advantage available to international businesses that are not available to purely domestic businesses?

  1. What is international strategic management?
  2. What are the three sources of competitive advantage available to international businesses that are not available to purely domestic businesses?
  3. Why is it difficult for firms to exploit these three competitive advantages simultaneously?
  4. How do international strategy formulation and international strategy implementation differ?
  5. Identify the four components of an international strategy.

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