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1. How can a corporation's choice of entry mode into international markets give it a competitive advantage?

2. How do external strategic factors in a corporation's external international environment affect the organization's strategic plan?

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Solution Summary

This solution helps with an international business strategy problem. It discusses how a corporation's choice of entry into international markets give it a competitive advantage and how external strategic factors in a corporation's external international environment affect the organization's strategic plan.

The explanation is given in 284 words.

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An organization's choice related to mode of entry into international markets is one of the factors for competitive advantage because correct or most effective entry mode will help the organization in exploiting local market conditions in the most efficient and quick manner, as well as eliminate or mitigate numerous risks associated with doing business in that country. In other words, the right choice in terms of mode of entry ensures that corporation is able to expand its presence ...

Solution provided by:
Sandeep Bardia, MBA
Education
  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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