Describe the four benefits of global expansion for firms who do venture in to the global market. In your answer, explain how each of these benefits may not be available to those companies who limit their activity to the domestic market.What are the four basic strategies that firms use to compete in international markets? Under what conditions is each strategy most appropriate? In the longer term, which strategies are the least viable? Explain why.Explain the advantages and disadvantages of being a first mover as a decision in the timing of entry into a foreign market.In the past twenty years, the number of Foreign Direct Investments through mergers and acquisitions has increased significantly. Describe the advantages and disadvantages associated with this type of entry strategy? How can the disadvantages or risks of FDI by merger/acquisition be reduced?Discuss the relationship between quality and costs as a strategic objective of global production and logistics.How does the type and characteristics of technology a firm uses affect its decision of where to locate production?Explain how the role of foreign factories evolves over time.How do different levels of economic development in countries influence product decisions in an international marketing strategy which targets multiple foreign markets?What are the three factors that contribute to the trend toward greater retail concentration in developed countries? How have these factors promoted retail concentration?What the critical variables which affect the effectiveness of a firm's international communications? Identify why and how advertising and promotional strategies might vary among countries because of these variables.