Firms can use any of six different modes to enter foreign markets. These six modes include:
A) strategic alliances, licensing and expansion.
B) exporting, wholly owned subsidiaries and buy-outs.
C) joint ventures, franchising and turnkey projects.
D) contract manufacturing, exporting and joint ventures.
Correct Answer:
Verified
Q6: Governments discourage companies from exporting their goods
Q7: Some novice exporters run into significant problems
Q8: The two main advantages of exporting are
Q9: Franchising is similar to _ , although
Q10: In many countries, political considerations make _
Q12: _ is/are frequently used when a firm
Q13: The most typical joint venture involves the
Q14: Many high-tech firms prefer _ as their
Q15: The term 'indirect exporting' refers to the
Q16: The main advantage of establishing a greenfield
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