Define institutions in the context of business strategy, and explain the role of institutions when considering entering a foreign market.

Define institutions in the context of business strategy, and explain the role of institutions when considering entering a foreign market. Explain the role of culture in how these institutions are shaped. Provide at least one example of a country where weak institutions may serve as a barrier to entry for a firm.

Your well-written paper should meet the following requirements:

4-6 pages in length

Support your analysis by referencing and citing at least three credible sources in addition to the course textbook.

Running head: BUSINESS INSTITUTION Business Institution(Name)(University) Running head: BUSINESS INSTITUTION 2 Institution in business refers to an organization together with its internal culture…