A(n) _____ strategy requires little small cash outlay, is heavily regulated by government, and does not require modification to products for local conditions and is the easiest approach to internationalization.
A) importing
B) licensing
C) joint venture
D) direct investment
E) offshoring

Question

Quizplus · Accepted Answer

Importing is bringing a good, service, or capital into the home country from abroad. It requires small cash outlay, does not require adaptation, and has government restrictions imposed on it.

A(n) _____ Strategy Requires Little Small Cash Outlay, Is Heavily