Description
1.In your own words, explain “competitive advantage”. What it means to have such an advantage
in IT, and what factors could play a positive or a negative role in the subject of competitive
advantage. Try to use examples from your own experience
2.Why do firms become multinational enterprises (MNEs) and what is their common strategic philosophy? (25 Marks)
3.3. Explain each of the main elements of culture and how differences between countries in each of these elements may affect international business.