Which one of the following is an example of the hierarchical governance option for firms pursuing international strategies?
A) mergers
B) exporting
C) licensing
D) joint ventures

Question

Quizplus · Accepted Answer

Hierarchical governance option is the highest level of control in firm's international strategy where the firm combines with or acquires another firm in the target country. This is achieved through mergers or acquisitions, making it the best choice for the given scenario. Exporting, licensing, and joint ventures fall under lower control options in the hierarchy.

Which One of the Following Is an Example of the Hierarchical