Explain the key factors in weighing the merits of different market entry modes involved in internationalization.

Learning Goal: I’m working on a management discussion question and need an explanation and answer to help me learn.WK 7 DQ 1No unread replies.No replies.According to Michael Porter’s Competitive Advantage of Nations, some of the industries where British companies have an international advantage are advertising, auctioneering of antiques and artwork, distilled alcoholic beverages, hand tools and chemical preparations for gardening and horticulture. Some of the industries where US companies have an international competitive advantage are: photo film, air craft and helicopters, cinema films and TV programs, healthcare products and services and financial services. For either the UK or the US, use Porter’s national diamond framework (p. 282) to explain the observed pattern of international competitive advantage.WK 7 DQ 2No unread replies.No replies.Explain the key factors in weighing the merits of different market entry modes involved in internationalization.
Requirements: 1-2 paragraphs per question

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