An MNC Uses Which International Strategy for Entering a Foreign

question 98

Multiple Choice

An MNC uses which international strategy for entering a foreign market by associating itself with a firm in the host country or a government agency in that country to combine resources and expertise needed for the development of a new product or technologies?

• A) licensing
• B) joint ventures
• C) production sharing
• D) exporting
• E) acquisitions

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Definitions:

IPO Stage

The phase in which a private company becomes a public company by offering its shares to the public for the first time.

Maturity Stage

A phase in the life cycle of a product, business, or industry where growth stabilizes, and sales plateau, often leading to increased competition for market share.

Business Incubators

Entities structured to boost the development and prosperity of start-up businesses by offering a variety of business support tools and services.

Survival Rates

The percentage of individuals or entities that continue to exist after a certain period of time or through specific challenges.