Revision 1 Revise the following contents: 1. Stages for a company to go international and the reactive and proactive reasons for company to venture into overseas market. 2. Environmental Factors: PEST: Especially for Political risk: definition, types and means of adaption. 3. Process of environmental assessment and its three major variables that international companies need to consider in the scanning process. 4. Communication process and its implications for global manager in the context of international management. 5. Staffing approaches in the context of international operations and the advantages and disadvantages of each approach. 6. Types of entry strategies (advantages and disadvantages). 7. Use example to explain the following concepts: (A) Regional Trading Bloc (B) Restricted Social Responsibilities (C) Regionalization Strategy (D) Economics of scale