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A Form of Low Risk and Capital-Free Entry into International

question 14

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A form of low risk and capital-free entry into international marketing that includes local manufacturing and local assembly is called:


Definitions:

Total Market Sales

The aggregate sales revenue generated by all providers of a particular product or service within a specific market.

Product Development

The process of bringing a new product or service to the market, from idea generation through design, development, and commercialization.

Marketing Strategy

A corporation's main roadmap for engaging prospective buyers and making them purchasers of its products or services.

Sales Declining

A situation in which a company or product experiences a downward trend in sales figures over a certain period.

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