Due Wednesday at noonRead Chapters 7 & 8 in the textbook and review the Chapter 7 and Chapter 8 PowerPoint presentations.After reading chapters 7 & 8 in the text, select ONE (1) of the questions listed here to discuss this week. Please use your own words and do not copy and quote from the book. Cite your sources.Select ONE of these questions:1. Describe the basic entry strategies that firms have available when they enter international markets. What are the relative advantages and disadvantages of each?2. Explain 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. Direct quotes should be rare in these short forum posts. If you do have a quote, you should add on to your post so that in the end you have 250 words of your own.
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