The Simplest Way to Enter a Foreign Market Is Through

question 147

Multiple Choice

The simplest way to enter a foreign market is through ________.

• A) joint venturing
• B) direct investment
• C) exporting
• D) joint ownership
• E) contract manufacturing

---

Definitions:

Service Cost

The actuarial present value of benefits attributed by the pension plan formula to employee service during the period.

Pension Plan

A pension plan is a retirement plan that requires an employer to make contributions into a pool of funds set aside for a worker's future benefit.

Overfunded

A situation where a pension plan's assets exceed its liabilities, indicating that there are more than enough funds to meet future obligations.

Underfunded

A term referring to insufficient funding to meet future obligations or commitments.