In this week’s topic, analysis of globalization, its drivers, and reasons for seeking new markets were addressed. You are required to critique strategies for seeking new markets, which include trade liberalization, advances in technology, global competition, growth in consumer pressures, expansion of cross-national competition, changes in political situations, and government policies. Additionally, risk reduction, resource acquisition, and sales expansion push companies to enter international business. Using the following prompts:
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Get Help Now!- Determine what it means for a company to have a competitive advantage within the strategies chosen.
- Examine three or more contributing factors critical to international business operations.
- Argue the advantages and benefits of seeking new markets outside national borders.
Parameters
- The paper should be 5 to 10 pages in length
- APA rules will apply to include the cover sheet, reference page, spacing, and font
- The reference page should include at least three peer-reviewed or other credible references in addition to the textbook.
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