A manufacturing firm might be expected to begin globalization by which entry mode?

Question

Quizplus · Accepted Answer

Exporting is typically the easiest and least risky entry mode for a manufacturing firm looking to begin globalizing. This involves selling products made in the home country to customers in foreign markets. It allows the firm to test the waters and gain insight into international markets without making a significant investment. Other entry modes like turnkey projects, franchising, and wholly owned subsidiaries involve more significant investments and greater risk, making them less likely choices for a firm just starting to globalize.

A Manufacturing Firm Might Be Expected to Begin Globalization by Which