Firms that successfully implement international strategies can achieve growth and diversification by expanding their operations globally like McDonald's, Coca-Cola, and Pepsi. They also gain a diversified work culture by employing people from different countries. Finally, moving to international markets allows companies to maximize income through higher demand and a broader customer base, as seen with Pepsi's bottling units around the world.

1. Identify three basic benefits firms achieve by successfully implementing an international
strategy. Give an example of a company that has successfully implemented that.
Solution
Three basic benifits firms achieved by sucessfully implementing an international strategy:
1. Growth and diversification: Firms that sucessfully implemented the international strategy have
grown dramatically they have diversified their operations and their chains of business are
spreading through out the world. thegood example is Mcdonalds, Coca cola and pepsi.
2. Diversified work culture: The companies operating in different countries have employees from
different nations and origions thus they have diversified work culuture structured as per the taste
of respective employees.
3. Income maximization: Companies moved from domestic markets to international markets
have sucessfully increased their profitability. it is due to higher demand and and markets
spreading through out the globe.
The good example of a company sucessfully implemented international strategy is Pepsi Inc.
having its bottling units in different countries of the world.