Your small firm has decided to begin exporting to a foreign country. Available to you are the five modes of entry. Your company has decided on direct exporting as its first venture into the foreign markets. What would the firm's next step in the exporting process be, considering that the next step involves increased risk and commitment to the processes?
A) licensing
B) direct exporting
C) direct investment
D) indirect exporting
E) joint venture
Correct Answer:
Verified
Q21: The normal way to get involved in
Q22: The fourth stage in internationalization process is
Q23: Licensing is a simple way to become
Q24: In a sprinkler approach to international expansion,
Q25: The five models of entry into foreign
Q27: Mr. Day and Ms. Pound represent a
Q28: Indirect export has two advantages for the
Q29: Existence of gray markets lead to which
Q30: Domestic-based export merchants
A) buy the manufacturer's products
Q31: A company can enter a foreign market
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