How can generic strategies strengthen competitive advantage in multinational businesses
business
Description
Response should be at least 200 words
Explain basic and generic strategies multinationals use in competing locally and internationally. How can generic strategies strengthen competitive advantage in multinational business?MNCs face a fundamental strategic dilemma when competing internationally. Explain the complexities of the global-local dilemma facing multinational organizations. Compare and contrast local-responsiveness solution and global integration solution. Do not forget to mention multi-domestic strategy, transnational strategy, international strategy, and regional strategy in your answer.Entry-mode strategies indicate success or failure of a multinational corporation. A good entry-mode strategy can increase the opportunity for success and reduce barriers. Explain and provide examples of the different types of foreign country entry-mode strategies.As a major form of political risks, the world has witnessed the impact of terrorism on the operations of multinationals, especially within the past decade. Explain the different kinds of lea
