The inward-looking perspective of internalisation includes all of the following except:

Question

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Acting as a licensor to a foreign company involves the outward-looking perspective of internationalization, as the company is granting the rights to use its intellectual property to another entity in a foreign market. The other three options (importing/sourcing, acting as licensee from a foreign company, managing as the wholly owned subsidiary of a foreign firm) all involve the inward-looking perspective of internalization, where the company is directly engaging in international business activities.

The Inward-Looking Perspective of Internalisation Includes All of the Following