Describe the differences in the properties and use of flexible plastics, rigid plastics, fibers and elastomers with stress-strain curves. What type of chemical structures are typical of each?

There are various approaches that a company may use when it decides to expand globally, depending on its goals, resources, and market conditions. Some of the common approaches are: 1. Exporting: In this approach, the company sells its products or services to foreign customers from its home country. It requires minimal investment in infrastructure and enables the company to test the waters before committing significant resources. However, it may face barriers such as tariffs, transport costs, and regulatory compliance. 2. Licensing or franchising: Under this approach, the company grants the right to use its intellectual property or business model to a foreign partner in exchange for royalties or fees. It allows the company to expand rapidly without bearing the cost of setting up and running operations in different countries. However, it can be challenging to control the quality and consistency of the brand across different cultural and political contexts. 3. Joint venture: In a joint venture, two or more companies form a partnership to share the risks, costs, and benefits of entering a foreign market. It often involves combining the local knowledge and expertise of a partner with the technology and resources of the foreign company. However, it may create conflicts over strategic decisions, ownership, and profit sharing. 4. Foreign direct investment: This approach involves the company establishing manufacturing, sales, or service operations in a foreign country, either by acquiring an existing business or building new facilities. It offers greater control over the supply chain, distribution, and marketing, but it also requires significant capital, time, and effort to navigate the legal, political, and cultural differences in a foreign market. In summary, the choice of approach to international expansion depends on the company's objectives and strengths, as well as the risks and opportunities in the target market.