Why has Lincoln Electric outperformed its competitors in the U.S. (e.g., GE, Westinghouse)? Should Lincoln Electric be operating abroad, or does its strategy only work in the U.S.? If you say no, use the CAGE framework to explain why not? If you say yes, which countries should it consider? Is Indonesia a good choice? If you say yes, which strategy or strategies (Aggregation, Adaptation, or Arbitrage) do you recommend?