What is the most costly form of foreign market entry?
A)Exporting
B)Licensing
C)Franchising
D)Wholly owned subsidiary
E)Joint venture

Question

Quizplus · Accepted Answer

Wholly owned subsidiary is the most costly form of foreign market entry as it involves the highest level of investment and risk. This method requires a company to set up a new business entity in the foreign market with total control over its operations and assets, which can involve significant expenses such as legal fees, rent, recruitment, and more. However, it also offers the most control over the business and its profits.

What Is the Most Costly Form of Foreign Market Entry