Non-MNE firms can also do business abroad by:

Question

Quizplus · Accepted Answer

Non-MNE (Multinational Enterprise) firms can do business abroad through various means such as licensing and franchising, outsourcing and engaging in FDI (Foreign Direct Investment), and exporting and importing. These methods allow non-MNE firms to expand their markets and increase profits without having to fully commit to establishing subsidiaries or branches in foreign countries. Therefore, all of the given answer choices are viable options for non-MNE firms to conduct business abroad. Non-MNE firms can engage in various international business activities such as licensing and franchising, outsourcing and engaging in FDI, as well as exporting and importing. Each of these strategies has its advantages and disadvantages, and the choice of strategy depends on the firm's goals, resources, and capabilities. Therefore, the best choice for a non-MNE firm would depend on its particular circumstances. Choosing a combination of these strategies would provide the firm with more opportunities and flexibility to meet its international business objectives.

Non-MNE Firms Can Also Do Business Abroad By