The simplest way to enter a foreign market is through ________.
A) joint ownership
B) exporting
C) direct investment
D) licensing
E) contract manufacturing

Question

Quizplus · Accepted Answer

Exporting is the simplest and least risky way to enter a foreign market as it involves selling products or services to customers in other countries from the domestic market. This approach does not require extensive investment in foreign markets, thus reducing the financial risk. Joint ownership, direct investment, licensing, and contract manufacturing involve greater investment, risk, and complexity.

The Simplest Way to Enter a Foreign Market Is Through