Read the management focus “Tesco’s International Growth Strategy” page on 445 in the textbook and answer the following three questions. (a). Why did Tescos initial international expansion strategy focus on developing nations? (b). How does Tesco create value in its international operations? (c). In Asia, Tesco has a history of entering into joint venture agreements with local partners. What are the benefits of doing this for Tesco? What are the risks? How are those risks mitigated?
