Sorry found answers No longer neededWeek 3 DiscussionFor this assignment, make sure you post your initial response to the Discussion Area by the due date assigned.To support your work, use your course and text readings and also use outside sources. As in all assignments, cite your sources in your work and provide references for the citations in APA formatBusiness-level, Corporate-level, and International StrategiesUsing the South University Online Library or the Internet, research about the following:GlobalizationInternational strategic alliancesCooperative strategiesSelect one of the main questions and address all of its bullet points:Question 1Based on your research and reading, complete the following tasks:Define liability of foreignness and regionalism. Discuss how it relates to and how it impacts international strategies.Describe corporate strategic alliance and discuss why a company would want to develop one. Are strategic alliances necessary for a company to expand internationally?Describe the primary reasons for failure of an international strategic alliance. Identify at least four fundamental issues that affect trust between partners, and explain when an acquisition is more favorable than a strategic alliance.Question 2Cooperative strategies seem to be a good idea. Using what you have learned about strategic management and in relation to cooperative strategies, respond to the following questions:Discuss the difference between a business-level cooperative strategy and a corporate-level cooperative strategy. Under what circumstances would you choose to develop a cooperative strategy? When is it not a good idea?Explain the approach you would adopt to manage a cooperative strategy between two companies.Describe the three types of strategic alliances and the reasons why companies develop them.Describe situations when each is most appropriate to adopt.Start reviewing and responding to the postings of your classmates as early in the week as possible. Respond to at least two of your classmates. Participate in the discussion by asking a question, providing a statement of clarification, providing a point of view with a rationale, challenging an aspect of the discussion, or indicating a relationship between two or more lines of reasoning in the discussion. Complete your participation for this assignment by the end of the week.