Sydney's Emporium has 59 stores in the United States and wants to expand globally.Sydney's wants to achieve the highest possible returns,and is not concerned about pursuing a high-risk strategy as long as it maintains complete control over its stores.The best global entry strategy for Sydney's is most likely

Question

Quizplus · Accepted Answer

Since Sydney's is focused on achieving the highest returns and maintaining complete control over its stores, direct investment is the most appropriate strategy. Direct investment involves owning and operating overseas facilities and provides the highest level of control over operations. This strategy is also less risky than strategic alliances or joint ventures, which involve sharing control and resources with partners. Exporting and franchising may not provide the level of control and returns that Sydney's is looking for.

Sydney's Emporium Has 59 Stores in the United States and Wants