A _____ is the preferred mode of foreign market entry for high-tech firms that want to minimize the risk of losing control over technological competence and aim to maintain tight control over operations.

Question

Quizplus · Accepted Answer

When a firm's competitive advantage is based on technological competence,a wholly owned subsidiary will often be the preferred entry mode because it reduces the risk of losing control over that competence.Many high-tech firms prefer this entry mode for overseas expansion.

A _____ Is the Preferred Mode of Foreign Market Entry