What are advantages and disadvantages of the global and multi-domestic approaches? Define the transnational strategy for competing internationally. Give an example. Define the multi-domestic strategy for competing internationally. Give an example. Explain Demand Conditions. Provide two examples. What are some motivations for forming a strategic alliance? Provide real-world examples. Why is this important in evaluating the decision to diversify? Provide a real-world example of diversification decisions that fit this “test.” Explain factor conditions. Provide two examples. Discuss and give two examples of forward integration.