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1. LG is considered to be an Emerging Market Multinational (EMM) that was established in South Korea. Describe LG as an EMM in South Korea. (Approx. 150 words)2. Analyse what local and global factors may have allowed LG to compete with other home-grown businesses and developed market multinational companies. (Approx. 200 words)3. Describe local factors that allow EMMs to succeed in general. (Approx. 150 words)4. Describe global factors that allow EMMs to succeed in general. (Approx. 150 words)5. Describe how EMMs can in general build competitive advantage in global markets. (Approx. 150 words)Guidelines:* The total word count in the paper should be approximately 800 words (excluding references and headlines)* Please add references for the material used in writing this paper (a minimum of 12 different references quality academic and professional articles and papers, and links to websites and other sources are required).

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