Strategic Concepts

Important: In order to receive full credit, you need to answer the questions with a minimum of two
paragraphs. Use one paragraph to discuss the concepts and the other paragraph to incorporate those 
concepts using some of the companies from the textbook or outside companies to illustrate the concepts.

Each paragraph must be five to six sentences.

1. What is meant by international strategy?

2. Which aspects of the strategy diamond are related to international strategy?

3. What are the four most important ways a firm’s international strategy can be
     related to its competitive advantage?

4. What three foreign country entry vehicles are emphasized in this chapter?