Adaptation strategies for an MNC

Need at least 300 words. Graduate level and references of course. Adaptation strategies are one of the approaches an MNC can take to enter and compete in an emerging market. 

1. Explain an adaption strategy an MNC has utilized to successfully enter an emerging market. Be sure to clearly state the following: emerging market (Country/city) and include an example

2. Explain in some detail at least two institutional voids the MNC encountered as well as two operational strategies it developed to adapt its way of doing business to be successful in this market. Explain any challenges the leadership of the MNC encountered during their market entry process.

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