Frezt Inc., a focal firm, is a telecommunications company based in the United States. The company maintains a relatively low degree of control over its operations in Mexico City. The company has delegated most of its distribution activities to its Mexican partners. Which of the following foreign market entry strategies is the company implementing?
A) majority-owned equity joint venture
B) minority-owned equity joint venture
C) global sourcing
D) wholly owned subsidiary (FDI)
Correct Answer:
Verified
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