ENTREPRENEURSHIP AND THE GLOBAL ECONOMY
INTERNATIONALIZATION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Direct exports, Licensing/franchising, FDI
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Direct exports, FDI and Become suppliers for foreign firms
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Licensing/franchising, FDI and Become suppliers for foreign firms
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Another answers
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Detailed explanation-1: -The five most common modes of international-market entry are exporting, licensing, partnering, acquisition, and greenfield venturing. Each of these entry vehicles has its own particular set of advantages and disadvantages.
Detailed explanation-2: -The three basic strategies for entering foreign markets are import/export, contractual agreements, and international direct investment.
Detailed explanation-3: -Exporting. The traditional mode of entering into international business is Exporting. Licensing. Franchising. Management Contracts. Foreign Direct Investment. Joint Endeavors.
Detailed explanation-4: -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.