Which of the following international organizational strategies means buying or establishing tangible assets in another country?
A) Independent agency
B) Opening branch offices
C) Providing licensing arrangements
D) Forming strategic alliances
E) Foreign direct investment

Question

Quizplus · Accepted Answer

Foreign direct investment means investing in tangible assets in another country, such as buying or establishing factories, buildings, or land. Independent agency refers to hiring a local agency to represent the company. Opening branch offices means establishing a new office in another country, either as a subsidiary or as a separate office. Providing licensing arrangements means allowing another company to use the company's intellectual property in exchange for royalties or other fees. Forming strategic alliances means partnering with another company to achieve shared goals.

Which of the Following International Organizational Strategies Means Buying or Establishing