Scenario: Sports Stuff Inc.
Herb Graham is vice president of Sports Stuff Inc., a business that develops, manufactures, and markets sports products. The company is looking to expand its operations into the European market. Herb believes that if the company expands its product line to include products reflecting sports that are popular in Europe, the company will achieve success there.
-Herb has been exploring another type of entry mode that requires ongoing assistance on the part of one firm,often in the form of start-up capital,management training,or location advice.Herb is most likely considering ________.
A) a strategic alliance
B) franchising
C) licensing
D) a joint venture

Question

Quizplus · Accepted Answer

Franchising involves one firm providing another with ongoing assistance, including start-up capital, management training, or location advice, which matches the description given.