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According to the article Strategies that Fit Emerging Markets, McDonald's experience inRussia suggests that: Institutional voids can be overcomeSome countries, particularly those with collectivist orientations,
According to the article "Strategies that Fit Emerging Markets," McDonald's experience inRussia suggests that: Institutional voids can be overcomeSome countries, particularly those with collectivist orientations, are just not open to Western fastfood restaurants Business models developed for advanced, Western markets rarely succeed in the developing world Even the most successful multinational firms can lose their way when they forsake the four elements of Porter's diamond
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