BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
| Question 
 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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 If your proprietary know-how of “green” processes is difficult to transfer to other firm, the most effective strategy would be 
|  |  Foreign Direct Investment 
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|  |  Licensing 
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|  |  Exporting 
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 Explanation: 
Detailed explanation-1: -FDI is the most advanced and complex foreign market entry strategy. A form of collaboration between two firms to form a new, jointly owned enterprise is defined as a joint venture. Foreign direct investment is the least risky entry strategy.
Detailed explanation-2: -A firm will favor FDI over exporting as an entry strategy when: A. the costs of establishing production facilities are high.
 There is 1 question to complete.