1. Discuss four retrenchment strategies that a company could use to address a very weak competitive position in an industry. 2. Examine four international entry strategic options that Dalton Pharmaceuticals Company could use to penetrate foreign markets in its international expansion strategy. 3. With the use of appropriate examples, explain how the company can grow vertically backwards and forwards as well as horizontally within the industry. 4. State and explain two international entry options available to a company seeking to expand its operations overseas. Explain two potential risks that the company may face in developing countries.