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There are 4 questions to answer. Answer the first two questions, then read the attached case and answer the last two questions regarding the case. Answer the following questions: 1. Should the same managers be involved in both formulating and implementing international strategy, or should each part of the process be handled by different managers? Why? Explain. 2. Why do relatively few international firms pursue a single-product strategy? Explain. Read the Closing Case "The House of Tata" attached and respond to the following questions 2 questions: 1. What advantages does the Tata Group gain from being a conglomerate? Explain. 2. The Tata Group has a strong commitment to high ethical standards and corporate social responsibility. Does it gain any competitive advantages in the marketplace because of this commitment? Explain.


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