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Entering Foreign Markets


1. Explore the three basic decisions that a fi rm contemplating foreign expansion must make: which markets to enter, when to enter those markets, and on what scale.

2. Review the different modes that fi rms use to enter a foreign market.

3. Understand the advantages and disadvantages of each entry mode.

4. Appreciate the relationship between strategy and a fi rm’s choice of entry mode.

5. Appreciate some pitfalls of exporting.

6. Be familiar with the steps a fi rm can take to improve its export performance.

7. Understand the mechanics of export and import fi nancing.










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