Question

Entry strategy plans business alliances cross-border investment etc are examples of

Answer 1

Entry strategy plans, business alliances, cross-border investment are all examples of international trade. These are just but a few of the international trade entry methods that help in creating diverse synergies in the foreign and domestic markets. It leads to distribution and production cost synergies among others. These synergies are associated with the reduction of a company’s distribution and production cost hence attracting more profit.

Answer 2

Entry strategy plans, business alliances, cross-border investment are all examples of international trade.

Explanation:

• The process of globalization has prompted the countries to enter the international arena and expand their business in the global markets.  

• The entry strategy plans and other cross border investments are part of international trade and are the factors that influence the process of trading.  

• International trading involves the distribution of goods and services in the internal markets.  

• Every business organizations have their strategic plans and decisions regarding their entry in the global markets.

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