Journal Entry #4
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Instructions/Guidelines/Readings in PDFs.
Answer
Failed FDI Foreign expansion is considered a good move for an organization and is regarded as positive growth. However, foreign direct investment might not be as successful as initially planned. An excellent example of a failed foreign direct investment is the case of Target expanding its goods and services to Canada in 2013. Target is a retailer that is based in Minneapolis, US. Domestically, the company was successfully growing to become of the most successful retailers in the US market, with its yearly income surpassing the $72Billion mark(Dahlhoff, 2015). This prompted the company to expand its services and products to Canada. However, one factor that most individuals and organizations do not put into consideration is that domestic success does not always translate to foreign success.I...
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