Some of the best practices in terms of how to do foreign

Question

Some of the best practices in terms of how to do foreign market entry, also discussed with the 3M example from class, include all of the following, except:

1. Initially, focus on one/at most two/ markets
2. Enter on a relatively small scale
3. Build strong relationships with local partners and hire local personnel
4. Go big or go home - ensure a foreign market entry is as large as possible in terms of commitment of resources, in order to capture first mover advantages
5. Proactively search for export opportunities