Which of the following is an entry strategy in which the company maintains its production facilities within its home nation and transfers its products for sale in foreign countries?
A) Offshoring
B) Contracting
C) Exporting
D) Outsourcing
E) Joint venture

Question

Quizplus · Accepted Answer

Exporting is the strategy in which the company maintains its production facilities within its home nation and transfers its products for sale in foreign countries. Offshoring involves relocating production facilities to a different country, outsourcing involves contracting work to a third-party provider, contracting involves hiring a third-party provider to complete specific tasks, and joint venture involves forming a partnership with a foreign company to share risks and profits.

Which of the Following Is an Entry Strategy in Which