Which entry strategy involves the least commitment with foreign firms?

Question

Quizplus · Accepted Answer

Establishing a partnership with a foreign agent or distributor involves the least commitment among the options listed, as it allows a company to test the market and build relationships without heavy investment or legal commitments. Master franchising also involves relatively low commitment, but still requires more investment and legal obligations than a simple partnership with a foreign agent. Joint ventures and mergers, on the other hand, involve significant commitment and investment in shared ownership and decision-making with a foreign firm.

Which Entry Strategy Involves the Least Commitment with Foreign Firms