Comprehensive and Detailed Explanation:
Exportationis typically thefirst and least risky entry strategyinto international markets. It involves selling goods or services produced in one country to customers in another. This method:
* Requires minimal investment
* Allows companies totest marketsbefore committing significant resources
* Carries low legal and operational complexity compared to joint ventures or acquisitions GPHR Study Guide Extract - Strategic Global Human Resources / International Market Entry Strategies:
"Exporting is often the first step for organizations entering global markets. It allows companies to build international experience with limited financial and legal exposure." This stage precedes more resource-intensive strategies likeGreenfield investments,joint ventures, ormergers
.

Comprehensive and Detailed Explanation:
Virtual teamsare a defining feature of the modern global workforce. With globalization and remote technologies:
* Cross-border teams collaborate daily
* Virtual communication and project management tools are essential
* HR must plan forengagement, productivity, and trainingin remote environments GPHR Study Guide Extract - Strategic Global Human Resources / Future Workforce Trends:
"The rise of virtual teams has transformed how work is managed globally. HR must adapt strategies to support remote collaboration, communication, and accountability." Fixed costs are decreasingwith flexible models. Metrics use isincreasing, not declining.