What is the most costly form of foreign market entry?

Question

Quizplus · Accepted Answer

Wholly owned subsidiary is the most costly form of foreign market entry as the company has to invest a significant amount of capital to establish a new subsidiary in a foreign country. This involves acquiring local resources, developing infrastructure, establishing production and distribution channels, and hiring a workforce. However, it provides the highest level of control and allows for the transfer of technology, expertise, and intellectual property.

What Is the Most Costly Form of Foreign Market Entry