Lucar Steels Inc.has decided to enter into a foreign market by setting up its own production facilities and distribution channels from scratch.This will allow it to have strong control over all of its business activities.What is the foreign entry mode most likely opted by Lucar Steels Inc.?
A) greenfield operation
B) export
C) joint venture
D) acquisition
Correct Answer:
Verified
Q21: Under the CAGE distance framework, the administrative
Q33: Which of the following statements best explains
Q39: The administrative and political distance between two
Q40: How has the administrative and political distance
Q41: When a firm pursues a(n)_,it sells the
Q42: Which of the following statements is true
Q46: Which of the following factors is the
Q50: Which of the following statements is true
Q58: Which of the following foreign entry modes
Q60: Which of the following is the most
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents