1.) Identify and describe three different ways that a firm can go global.
2.) Briefly describe each of Porter’s competitive (generic) strategies, and give an original example of how a firm might use each strategy.
3.) Briefly describe industries in which small businesses seem to be most effective and why this seems to be the case. In what area are small businesses least successful in comparison to large businesses?
4.) The business world today is increasingly complex and variable in virtually every country and industry. Thus, organizations must become more organic. How do you define an organic organization and a mechanistic organization? What are some of the outcomes that companies will experience as they become more organic and less mechanistic? Be sure to include both positive and negative outcomes.