Strategic Management Topic

Need to answer only one of the below questons and does not need to be in essay format.  I will also need two 100 word comments as a reply to another student.

1.  Describe the four basic entry strategies that firms have available when they enter international markets.  What are the relative advantages and disadvantages of each?

2. Discuss the two opposing forces (cost reduction and adaptation to local markets) that a firm must deal with when they go global.   What are the results of these pressures and why?  

Instructions:

Your initial post should be at least 250 words, not including repeated questions, references and quotes.  Please respond to at least 2 other students.  Responses should be a minimum of 100 words and include direct questions.  Use your own words.