Exporting, Licensing and Foreign Direct Investing Are Called _____ Strategies

question 84

Multiple Choice

Exporting, licensing and foreign direct investing are called _____ strategies because they represent ways to sell products and services in foreign markets.

• A) globalized
• B) expansion
• C) retrenchment
• D) market entry
• E) concentrated business

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Definitions:

Sales Revenue

The income received from selling goods or services over a period of time.

Budgeted Sales Revenue

Projected income from sales over a certain period, used for planning and forecasting operations.

Sales Increase

A rise in the volume or value of products or services a business has sold within a specific period.

Ending Inventory

The total value of goods available for sale at the end of an accounting period.