ENTREPRENEURSHIP

Detailed explanation-1: -Licensing and franchising are examples of equity modes of entry.

Detailed explanation-2: -There are two major types of market entry modes: equity and non-equity. The non-equity modes category includes export and contractual agreements. The equity modes category includes joint ventures and wholly owned subsidiaries.

Detailed explanation-3: -There are four main ways to break into the international market or enter at least one foreign market. These are the direct, indirect, hybrid and business acquisition approaches.

Detailed explanation-4: -There are four major modes through which firms undertake foreign direct investment (FDI): merger and acquisition (M&A), joint venture, new plant, and others. The four modes of FDI are distinct from each other, and each has its own unique advantages and disadvantages.

Detailed explanation-5: -Exporting. Exporting is the direct sale of goods and / or services in another country. Licensing. Licensing allows another company in your target country to use your property. Franchising. Joint venture. Foreign direct investment. Wholly owned subsidiary. Piggybacking.