When top Executives map the institutional context of any country they often explore one of the key questions: “How cumbersome are procedures for launching our new venture in emerging markets?”. Which of the following contexts is related to this question:Group of answer choicese. Political and Social Systemsd. Labour Marketsa. Capital Marketsc. Opennessb. Product Markets

It is challenging for multinational national enterprises (MNEs) to do business in emerging markets. Some MNEs decide to get into businesses that are not directly in their core line of business. For example, McDonald's while entering into the Russian market established its own trucking fleet and imported agriculture specialists to train farmers. Such a response by McDonald's can be classified as the followingGroup of answer choicesattempted to change contextwait for other competitors to enter marketreplicate business from home marketcompete alone in foreign emerging market

Emerging market firms are typically more diversified into multiple and often unrelated products and industries than their Western counterparts. The most relevant explanation is based on Group of answer choiceslack of resource availability to firmsweak central and state governments in emerging marketspresence of institutional voids in emerging marketspresence of large markets in emerging markets

Required informationSkip to questioniSeeit!: Entering Foreign Markets This brief video describes several of the various modes of entry that can be used by a business seeking to engage in international trade. This activity is important because exporting, licensing agreements, franchising, strategic alliances, joint ventures, and foreign direct investment are the major options that exist for a business wishing to enter global markets, and this video describes several advantages and disadvantages of major options. The goal of this activity is to demonstrate your understanding of the modes of entry options available to a business seeking to expand internationally. Click the ► button to watch the video. Then, answer the questions that follow. What is a major pitfall of franchising?Multiple ChoiceAll of the answers are correct.Control is held tightly by the franchisor.Franchisees have a right to run the business as they see fit in all areas of operation.Less money is made through franchising.The brand is at risk by franchisees who may deliver poor products.

Developing countries are providing new markets for companies that can provide them with needed:

What is one reason that impels some emerging market firms to pursue a springboard strategy?Group of answer choicesoffshore availability of technology and brandshome government support for going globalstrong presence of global rivals in their domestic marketsdesire to compete with the biggest and best corporations