Most companies start their international expansion with _____.

Question

Quizplus · Accepted Answer

Exporting is often the first step companies take in their international expansion because it allows them to enter foreign markets with a lower level of investment and risk compared to establishing joint ventures, licensing agreements, franchising, or contract manufacturing. Exporting involves selling goods or services produced in one country to customers in other countries, making it a relatively straightforward way to access new markets.

Most Companies Start Their International Expansion with _____