ABC Company wants to be prepared for the ASEAN free trade area. The company plans to develop its own production and marketing facilities in one or more ASEAN countries. The best choice for ABC Company is
A) a joint venture.
B) a licensing agreement.
C) totally owned facilities.
D) exporting.
E) sales offices.

Question

Quizplus · Accepted Answer

Totally owned facilities give ABC Company complete control over its production and marketing strategies, allowing for direct investment in the ASEAN region and better preparation for the free trade area by establishing a strong local presence.

ABC Company Wants to Be Prepared for the ASEAN Free