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Chapter Objectives
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  1. 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.
  2. Review the different modes that firms use to enter a foreign market.
  3. Understand the advantages and disadvantages of each entry mode.
  4. Appreciate the relationship between strategy and a firm's choice of entry mode.
  5. Know some pitfalls of exporting.
  6. Be familiar with the steps a firm can take to improve its export performance.
  7. Understand the mechanics of export and import financing.









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