General Frameworks in International Business
Introduce some key conceptual frameworks from the international business “toolbox,” including the eclectic paradigm and the CSA–FSA framework, which capture ownership advantages, location advantages, and internalization advantages.
Explain why firms become multinational enterprises (MNEs)—what motivates them to expand abroad
Understand the internationalization process.
Describe the international activities of small and medium-sized enterprises (SMEs).
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Introduce some key conceptual frameworks from the international business “toolbox,” including the eclectic paradigm and the CSA–FSA framework, which capture ownership advantages, location advantages, and internalization advantages. Explain why firms become multinational enterprises (MNEs)—what motivates them to expand abroad Understand the internationalization process. Describe the international activities of small and medium-sized enterprises (SMEs).
