Introduction to Production Strategies: Provide an introduction to the significance of production strategies in managing international operations. Your international business is an oil company located in Saudi Arabia. Answer the following question. Response must be 400 words.  1a. Identify at least four key elements that you are considering when formulating production strategies for your international business. Elements could include technology adoption, supply chain management, or sustainability practices. Discuss the strategic implications of your production strategies. 1b. Explain at least three potential ways to finance your international business operations. Consider methods such as equity financing, debt financing, and international financial institutions. Analyze the advantages and challenges of each financing option.

Practical Management Science
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ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
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Introduction to Production Strategies: Provide an introduction to the significance of production strategies in managing international operations. Your international business is an oil company located in Saudi Arabia. Answer the following question. Response must be 400 words. 

1a. Identify at least four key elements that you are considering when formulating production strategies for your international business.

Elements could include technology adoption, supply chain management, or sustainability practices.

Discuss the strategic implications of your production strategies.

1b. Explain at least three potential ways to finance your international business operations.

Consider methods such as equity financing, debt financing, and international financial institutions.

Analyze the advantages and challenges of each financing option.

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