What effects on company strategy have you observed as a result of global economic performance? Do you feel the global economy is on the rise or on a decline? Why is strategy important? Please base your answers on the organizations you presently work for, or your past work experience. What are the reasons that companies go international? What are the steps and associated examples in developing international and global strategies? How can you interpret the institutional effects on international competition? What are the different approaches to the world markets? What are the different entry strategy alternatives?