When Entering a Foreign Market, the Least Risky Strategy Is

question 94

Multiple Choice

When entering a foreign market, the least risky strategy is

• A)franchising.
• B)exporting.
• C)joint venture.
• D)direct investment.
• E)strategic alliance.

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Definitions:

Average Product

The output produced per unit of input used; calculated by dividing the total product by the quantity of inputs.

Yards Raked

The total area of yards cleared of leaves or debris, serving as an indicator of performed maintenance or service activity.

Average Product

The output produced per unit of input, calculated by dividing total product by the quantity of input used in its production.

Labor

The human effort, both physical and mental, used in the production of goods and services.