Emerging markets have become the most popular destination for consideration by many international and Multinational cooperation. 

i. Explain the term emerging markets and State five common traits of emerging economies

ii. Explain any five factors that have facilitated the growth and popularity of emerging markets in recent times.

Question 2

In assessing foreign business opportunities MNCs need to analyze the international business environment in order to ascertain the opportunities and the treats thereof. In view of this explain any four components of International business environment and how it can be relevant to an organization's foreign mission.

Question 3

One of the most important strategic decisions in international business is the mode of entry into the target foreign market.

Explain any five business modes of entry that an organization can adopt as its international market entry strategy.