The challenges facing entrepreneurs entering foreign markets

The challenges facing entrepreneurs entering foreign markets can be daunting. How would you advise an entrepreneurial firm to offset “foreignness” when moving into a new foreign market? Conversely, where do you see the U.S.’s position heading (friendly v unfriendly) toward entrepreneurs from other countries doing business in the United States? Move beyond the obvious and what is learned in your text and course readings. Use evidence to support your observations and claims.

Q5: (250 WORDS)
You are the CEO of a multinational manufacturing firm that is interested expanding into a developing country offering the best growth potential. What considerations and challenges do you anticipate will impact your decision to expand and will do you do so through acquisition or alliance? Provide a rationale for your decision. Discuss and support your argument with evidence and examples.

Q6(250 WORDS)
Carrefour opened its first store in 1960 and is now the largest retailer in Europe and Latin America and the second largest worldwide. By 2015, Carrefour had stores in 33 countries, which it divided into 5 geographic areas. These areas and the number of stores were as follows: France, 5680; Other Europe, 4711; South America, 840; Asia, 396; and Other Countries, 283. A guiding principle for most of Carrefour’s international expansion has been countries’ economic evolution. A former CEO indicated that two market opportunity conditions were important for choosing the right countries to expand: (1) to pick countries with probable economic growth so as to grow with the country and (2) to enter a country before competitors so as to gain first mover advantages.

Porter’s diamond theory deals with the competitive advantages of nations. Select two to five countries and prepare a comparative analysis of the four points of the diamond, as well as the recent roles of government and chance, in those nations. Conclude your presentation by exploring the associated competitive advantages that may accrue to foreign firms that choose to operate in each of those countries. A minimum of 3 references with corresponding citations throughout the essay, are required. Citations should be on the slides where your audience can read them.

1. Academic Integrity Slide
2. Title Slide
3. Introduction Slide
4. Content Slides (each content slide must contain notes)
5. Conclusion Slide
6. References Slide