Critical Thinking

1-what are the main strengths and weaknesses of each of the competitive strategies: home replication, multidomestic, regional, global and transnational? What challenges arise under each approach in terms of building and leveraging knowledge that can yield competitive advantage, and what can companies do to enhance the effectiveness of their knowledge management efforts under each approach?

2-How can you apply the concepts of strategic planning to your own life, such as for getting a job or a better job? Which, if any, of the strategic planning approaches would not be applicabchole for you, and why?