A domestic corporation considering expanding into international markets for the first time will typically
A) start off by implementing a wholly owned foreign subsidiary so it can maintain standards identical to those at home.
B) consider licensing or franchising its operations.
C) consider implementing a low risk/low control strategy such as exporting.
D) form a joint venture with a reputable foreign producer.

Question

Quizplus · Accepted Answer

Exporting represents a low risk and low control strategy, making it a common first step for domestic corporations looking to expand into international markets. This approach allows companies to enter foreign markets with minimal investment and risk.

A Domestic Corporation Considering Expanding into International Markets for the First