________ is a method of entering a foreign market by associating with foreign companies to produce or market products or services.
A) Joint venturing
B) Indirect exporting
C) Direct investment
D) Importing
E) Direct exporting

Question

Quizplus · Accepted Answer

Joint venturing involves partnering with foreign companies to jointly produce or market products or services. This allows for the sharing of resources and risks while entering a foreign market. Indirect exporting involves using intermediaries, such as export agents or distributors, to sell products in foreign markets. Direct investment involves establishing a wholly-owned subsidiary or acquiring a local company in a foreign market. Importing involves bringing products or services from a foreign market into the domestic market. Direct exporting involves selling products or services directly to customers in foreign markets.

________ Is a Method of Entering a Foreign Market by Associating