Describe in detail the different ways that a firm can take to do business internationally. Rank their associated risks from the lowest to the highest.

Explain how a company can fail when the safeguards that should be in place fail.

When Google initially started operating in China, the company ran across a number of problems.

Suppose Costco, a wholesale retailer based in the U.S., wishes to expand their operations to China. Name three dimensions of the external environment which could affect their expansion. That is, which dimensions should management pay close attention to? Provide 1-2 sentences for your reasoning for each dimension listed. After posting your response, comment on at least two of your classmates' postings.