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Review the video on recent and controversial foreign direct investment changes in India’s retail industry: Protests Across India Over Supermarket Competition.

http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/9554586/Protests-across-India-over-supermarket-competition.html

Research the international operations of Wal-Mart and Carrefour, particularly the burgeoning opportunities for the multi-brand retail segment in the Indian foreign market.

The respond to the below questions:

What are the early-mover advantages these rivals sought in India?

Do either of the two firms have the “overwhelming” resources to overcome India’s liability of foreignness and institutional differences and seize the advantage?

Need at least 1.5 to 2 pages plus references.

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