Part 1: From both the institution-based view and the resource-based view, conduct an analysis of the present global business environment and its impact on Canadian businesses, including both opportunities and challenges that are offered by such an environment. Part 2: Use examples to explain how Canadian businesses have reacted to the above environment. How do you evaluate their responses? Part 3: Drawn from successful business cases worldwide, what acquiring tools and strategies should be adopted by Canadian businesses in terms of their global entry or expansion? Part 4: What recommendations do you want to make for Canadian businesses to build functional excellence on a global basis? Needs only the part 4?