Delvin Pharmaceuticals, a U.S. firm, is considering the idea of entering the Japanese market. Which entry mode will Delvin most likely use?
A) exporting
B) licensing
C) turnkey
D) franchising

Question

Quizplus · Accepted Answer

Licensing is a common entry mode for pharmaceutical companies due to the stringent regulations and need for local knowledge in the healthcare sector, making it a suitable choice for Delvin Pharmaceuticals to enter the Japanese market.