U$.$S$.-$based consumer electronics company, TechWave Inc., is considering expanding its operations into India, China, Brazil, and Germany. The company plans to assess the potential challenges and opportunities in these markets using the CAGE $($Cultural$,$ Administrative, Geographic, and Economic$)$ framework. Using the information below and the CAGE framework, analyze the key differences and distances between the U$.$S$.$ and each of these target markets. Discuss how these differences might impact TechWave Inc.$\text{'}$s expansion strategy and recommend which market$($s$)$ the company should prioritize $($enter first$).$ Justify your recommendation with specific examples related to each CAGE dimension. $(15$ Points$)$ India: Significant cultural differences from the U$.$S$.,$ including language, consumer behavior, and preferences. High emphasis on price sensitivity and localized content. Moderate administrative distance due to complex regulatory environment, but a growing emphasis on foreign investment. Significant geographic distance from the U$.$S$.,$ leading to potential challenges in logistics$,$ supply chain management, and time zone differences. Large and growing economy with a significant market for affordable electronics, but lower average income compared to the U$.$S$.$ China: Strong cultural differences, particularly in terms of business practices, consumer preferences, and the importance of relationships $($guanxi$).$ High administrative distance, with strict government regulations, intellectual property concerns, and barriers to foreign companies. Significant geographic distance from the U$.$S$.,$ leading to potential challenges in logistics$,$ supply chain management, and time zone differences. Huge market potential with strong economic growth, but intense competition and a focus on cost$-$effective products. Brazil: Moderate cultural distance, with some similarities in consumer culture, but differences in language and local traditions. Moderate administrative distance with bureaucratic hurdles, but favorable trade relations with the U$.$S$.$ Geographic proximity to the U$.$S$.$ is closer than India and China, with more manageable logistics$.$ An emerging market with a growing middle class, but economic instability and currency fluctuations pose risks Germany: Low cultural distance, with similar consumer preferences and a shared Western business culture. Low administrative distance, as both countries are part of similar trade agreements and have strong legal frameworks. Moderate geographic distance but strong infrastructure and trade routes make it accessible. Strong economy with high purchasing power, making it an attractive market for premium products.