Explore the three basic decisions that a firm contemplating foreign expansion must make: which markets to enter, when to enter those markets, and on what scale.
Review the different modes that firms use to enter a foreign market.
Understand the advantages and disadvantages of each entry mode.
Appreciate the relationship between strategy and a firm's choice of entry mode.
Know some pitfalls of exporting.
Be familiar with the steps a firm can take to improve its export performance.
Understand the mechanics of export and import financing.