Distinct advantages of _______________ are low development costs and risks.
A) wholly owned subsidiaries and exporting
B) exporting and turnkey projects
C) joint ventures and wholly owned subsidiaries
D) franchising and licensing
E) mergers and acquisitions

Question

Quizplus · Accepted Answer

Franchising and licensing typically involve lower development costs and risks compared to other entry modes because they allow a company to expand its brand and operations with less capital investment and risk, as the franchisee or licensee bears much of the cost and risk.

Distinct Advantages of _______________ Are Low Development Costs and Risks