International strategy : key informaiton

1. Consider the life cycle of business and then development, which I would argue are the same; Establish, Growth, Expansion, Maturity and Decline. So re-evaluate you posting as to which is the most important countries in which a global business should compete and/or penetrate. Does your original thoughts still hold true why or why not?

2. Would suggest that a third world developing country might be a better option to focus on especially if the government did not limit ownership and/or require a local partner. The opportunity to be in on the developing stages would give a company a solid competitive advantage as progress evolves, thoughts?