Primary Task Response: Within the Discussion Boardarea, write 400–600 words that respond to the following questions withyour thoughts, ideas, and comments. This will be the foundation forfuture discussions by your classmates. Be substantive and clear, and useexamples to reinforce your ideas.
Part 1
You are a business owner firm that manufactures a specialized productin the United States. While developing a 5-year strategic growth plan,you have decided to investigate the benefits and disadvantages ofexpanding internationally. Research the issue, and discuss thefollowing:
- How would international expansion affect your business?
- What are the risks, advantages, and disadvantages to your business of international expansion?
- Do you think it is worth it?
Part 2
- If you were the owner of an automobile company and decided to marketinternationally, would you face imperfect, monopolistic, oligopolistic,or perfect competition? Please justify your answer.
- What sort of circumstances would you have to be aware of, and why?
- What if you were a major retailer in the United States?
