Office Enterprises sells office supplies and has been considering a move into the international market. The president is risk adverse but agrees that the move will be necessary to stay competitive. Which proposal would make the most sense in this situation?
A) sign a foreign licensing agreement to sell a foreign firm's office supplies
B) import office supplies to resell
C) form a contract manufacturing agreement to produce office supplies
D) look for office supply companies interested in a joint venture
E) purchase a smaller foreign competitor to produce office supplies
Correct Answer:
Verified
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