Answer the question below, These questions may be on your exam.1.What five entry modes do firms consider as path to enter the international market? Be specific in your answer.2.What is a strategic alliance? What are major types of alliances?3.Distinguish between cost leadership and various differentiation strategies.4.Describe the advantages of being a first mover, a second mover, or a late mover for a company within your industry.5.What are the characteristics of product and service quality?6.Discuss the important reasons why corporations diversify.