If a business wants to have a bigger presence in international markets, which of the following production options should it consider?

Question

Quizplus · Accepted Answer

A franchise agreement, a joint venture, and a licensing agreement are all viable options for a business looking to expand its presence in international markets. Each option offers a different approach to leveraging local market knowledge, resources, and networks to grow the business globally.

If a Business Wants to Have a Bigger Presence in International