Answer the attach questions with clearly & full content.

Question 2: Managerial Role in International Business (15 Marks) Suppose you are a manager (or owner) of a small firm which consumer goods (foods, toiletries, and house- hold items). Your company want extend your business in the international market (foreign country). 1. For your business in the foreign market which strategies you will prefer to use among these strategies (Global Standardization Strategy, Localization Strategy, Transnational Strategy, or International Strategy)? Choose one strategy and show the reasons why you choose it. [15 Marks] 2. What business entry mode (Exporting, Licensing, Franchising, Joint ventures, Subsidiary, or Acquiring) you will prefer to use in the international market (foreign Market)? Select any mode and why you will choose this mode? [15 Marks]