Which of the following strategies for reaching global markets allows firms to expand into foreign markets with little or no investment?
A) Foreign outsourcing
B) Insourcing
C) Foreign licensing
D) Importing

Question

Quizplus · Accepted Answer

Foreign licensing allows firms to enter foreign markets by granting a foreign company the rights to produce and sell their products, requiring little or no investment from the original firm.

Which of the Following Strategies for Reaching Global Markets Allows