(i) Assume that a firm wants to engage in international business without major investment in the foreign country. Which method is least appropriate in this situation and why?

(ii) Compare and Contrast various methods of expansion

(iii) Write down two advantages and disadvantages for each method of expansion

(iv) Discuss with example/graphical illustration: Product life cycle/Imperfect market/Comparative theory

(v) Discuss agency problem and how to resolve the issue?