updated question

Description #1. After reading the Concepts & Connections 7.2 on page 145, please answer the following questions: a. Why has Four Seasons Hotels been so successful in expanding its hospitality operations into a broad diversity of countries? b. How should local hotel competitors respond to Four Seasons Hotels' continued expansion into their markets? c. Why would a global economic slowdown likely not dampen demand for the Four Seasons luxury hotel offerings? #2. Complete Assurance of Learning Exercise #3 (a, b, and c) on page 150 in your textbook. From the PowerPoint and/or your textbook, please answer the following: 1. Define International Market 2. What are the 4 important Factors That Shape Strategy Choices in International Markets? 3. What are five Strategy Options for Entering Foreign Markets? 4. What are three of the five listed Pitfalls to the success of alliances? 5. What are the Three Principal Strategic Options for Competing Internationally? 6. A firm can gain competitive advantage by expanding outside its domestic market in two important ways. What are those two ways