A small technology firm intends to explore international markets but lacks financial resources. The company may consider the following entry modes except _____.
A) Wholly owned subsidiary
B) Joint venture
C) Licensing
D) Exporting

Question

Quizplus · Accepted Answer

Wholly owned subsidiary requires significant financial resources and capital investment, which the small technology firm lacks. Therefore, it is not the best choice for the firm. The other options - Joint venture, Licensing, and Exporting - are more feasible entry modes for small firms with limited financial resources.

A Small Technology Firm Intends to Explore International Markets but Lacks