3 paragraphs. Briefly define ‘exit strategy’ and its reasons for exit and risks of exit. Also, discuss one international firm/multinational corporation which used an exit strategy to pull-out of a country. (Name of firm/MNC, HQ, industry product lines, etc, year of exit and country name, and reasons for exit). Example: REASONS FOR EXIT: sustained losses, difficulty in cracking the market, volatility, premature entry, ethical reasons, resource reallocation and intense competition. RISKS OF EXIT: fixed cost of exit, long-term opportunities, damage to corporations image, signal to other markets, and disposition of assets.
