How can companies effectively balance innovation and risk management when entering new international markets, and what strategies should be implemented to mitigate potential financial, operational, and cultural risks while fostering long-term growth and competitive advantage?|

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Learning goal: I’m working on a business writing question and need explanation and answer to help me learn.
How can companies effectively balance innovation and risk management when entering new international markets, and what strategies should be implemented to mitigate potential financial, operational, and cultural risks while fostering long-term growth and competitive advantage?|
Requirements: 300 words | .doc file

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