
Henderson Synthetics is a producer of chemical products aimed at increasing agricultural yield per acre. Henderson Synthetics' management believes that several of the firm's products could have sizable markets in other countries; however, it is costly to obtain market research to confirm this. If Henderson Synthetics wanted to temporarily "try out" these international markets with a minimal level of commitment and cost, it should use
A) contract manufacturing.
B) exporting.
C) joint ventures.
D) licensing.
E) subsidiaries.
Correct Answer:
Verified
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