________ Involves Less Investment Because the Firm Does Not Require

question 90

Multiple Choice

________ involves less investment because the firm does not require an overseas marketing organization or network.It also involves less risk.

• A) Indirect exporting
• B) Direct exporting
• C) Joint venturing
• D) Licensing
• E) Contract manufacturing

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Definitions:

Self-actualization

The realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.

Hierarchy of Needs

A psychological theory proposed by Abraham Maslow that categorizes human needs into five levels, from basic survival needs to self-actualization.

Intellectual Pursuits

Activities that involve serious study or application of ideas, concepts, and theories, often for personal growth or academic achievement.

Choice Architecture

The design of environments in which choices are presented to consumers, influencing the decision-making process.