Cisco had no presence in India before 2005, but it used a ________ approach and already opened a second headquarters in Bangalore to take advantage of opportunities in India and other locations such as Dubai.
A) direct investment
B) joint venture
C) contract manufacturing agreement
D) licensing agreement
E) franchising agreement

Question

Quizplus · Accepted Answer

The phrase "used a direct investment approach" means that Cisco invested its own resources to establish a physical presence in India, such as setting up a headquarters. This is different from other options such as joint venture, contract manufacturing agreement, licensing agreement, or franchising agreement, which involve partnering with another entity or using their facilities. Therefore, option A is the best choice.

Cisco Had No Presence in India Before 2005, but It