NOTE: PLEASE ANSWER WITH COMPLETE AND EXPLICIT AND PRECISE EXPLANATION. What is the basic tool of strategy and how does ithelp to assess international business factors?Why is an understanding of entrepreneurshipimportant in the context of international business?What is a location advantage and why is itimportant in international business?Recent events: How COVID-19 affected theinternational business?

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Answered: international business

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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