Which of the following is not a generic strategy option for entering into foreign markets?
A) Maintaining a national (one-country)production base and exporting goods to foreign markets.
B) Establishing a subsidiary via acquisition or opt for a de nova approach.
C) Franchising and licensing strategies.
D) Alliances or joint ventures strategies.
E) An enterprise-wide strategy to take over local competition.

Question

Quizplus · Accepted Answer

An enterprise-wide strategy to take over local competition is not a generic strategy option for entering into foreign markets. This option involves an aggressive approach of acquiring or merging with local competitors, which is not commonly used as a foreign market entry strategy. The other options listed (A, B, C, D) are all valid generic strategy options for entering into foreign markets.

Which of the Following Is Not a Generic Strategy Option