Exporting, licensing, and direct investing are called _____ strategies because they represent alternative ways to sell products and services in foreign markets.
A) globalized
B) expansion
C) retrenchment
D) market entry
E) concentrated business

Question

Quizplus · Accepted Answer

Exporting, licensing, and direct investing are all considered market entry strategies because they involve entering a foreign market to sell products or services. Globalized, expansion, and retrenchment do not accurately describe these strategies, and concentrated business is not a commonly used term in the context of international business.

Exporting, Licensing, and Direct Investing Are Called _____ Strategies Because