Strategic Approaches

Your company is going to penetrate into a new market. Using one of your chosen countries, analyze and choose at least three strategic approaches that you could use to enter the market. (Some of some strategic approaches for you to choose from include joint venture, divestiture, forward integration, backward integration, retrenchment, liquidation market development, market penetration, product development, service development, horizontal integration, vertical integration, concentric diversification, conglomerate diversification, and innovation).
Defend your position and give examples for the one you feel is the best approach. In your four responses to your peers, critique their choices and suggest alternate strategies for market penetration in their chosen country. You will need a minimum of two references and associated in-text citations in your initial post. Use the country Poland to create this paper.