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Describe four approaches a company can use to expand internationally and evaluate how technology fits into each those four approaches. To do this, include the following:
Question 1: Compare and contrast the four basic methods of internationalization: licensing, exporting, joint ventures, and wholly owned subsidiaries.
Question 2: Evaluate how changes and advances in technology have served to drive the internationalization of business, including at least one example.
Question 3: Discuss the pros and cons of each of the four methods in effecting technology transfer.
Please keep in mind that the discussion should differentiate technology transfers designed to globalize internal business processes from technology transfers designed to deliver end products and services to new markets.