1. A strategic aspect of entering foreign markets by acquisition is the speed with which it allows the organization to establish operations. This is particularly significant when the market is a rapidly changing environment or the product is swiftly evolving. Often entering the market by acquisition is the only way to successfully compete due to internal constraints. Discuss.
2. In 1998 Wal-Mart expanded its operations to Germany and acquired 21 Wetkauf hypermarkets followed by a purchase of 74 stores of the Interspar hypermarket chain. Currently Wal-Mart operates 92 Supercenters in Deutschland, employing approximately 14,000 employees. Was this a multidomestic strategy, a global strategy, or an international strategy? Discuss.