international business strategy

Topic: international business strategy
1. Entry of mode
Please compare joint venture and acquisition by analyzing Dunning’s OLI.
2. Address why joint venture is better than acquisition when Costco enter into Russia.
3. Give a real example to support question2. For example, the market or policies are similar with Russia, such as emerging market.
Example must be an international retail store or wholesale store use joint venture as their entry of mode when they entering into a country.