The Simplest Way to Enter a Foreign Market Is Through

question 47

Multiple Choice

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

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

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Definitions:

Expatriate Skills

The specific skills and competencies required by individuals who live and work outside their native country.

International Relocation

The process of moving employees to different countries for job assignments, including logistical, cultural, and legal considerations.

Hardship Allowances

Additional financial compensation provided to employees working in conditions considered difficult or stressful, to acknowledge the extra challenges faced.

Expatriate Training

Specialized training programs designed for employees who are sent to work abroad, focusing on cultural adaptation and international business practices.