International busine ...

Answer the following questions in written form:

1. Explain the three basic decisions firms must make when they decide on foreign expansion: which markets to enter, when to enter those markets, and on what scale.
2. Compare the different modes firms use to enter foreign markets.
3. Identify the factors that influence a firm’s choice of entry mode.
4. Recognize the pros and cons of acquisitions versus greenfield ventures as an international market entry strategy.