In the Context of Entry Tactics Available for Different Entry

question 51

Multiple Choice

In the context of entry tactics available for different entry modes, which of the following is a difference between the "make" tactic and the "buy" tactic?

• A) Licensing uses the "make" tactic, whereas a turnkey project uses the "buy" tactic.
• B) Joint ventures use the "make" tactic, whereas licensing uses the "buy" tactic.
• C) Unlike with the "make" tactic, with the "buy" tactic, a firm develops its own operations in a new market.
• D) Unlike with the "make" tactic, with the "buy" tactic, a firm can acquire existing franchisee operations to enter a new international market.

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Definitions:

Offer Can Be Revoked

The proposition that an offer can be withdrawn by the offeror before it is accepted by the offeree, making it legally void.

Performance of an Act

The execution or accomplishment of an action, task, or function, often specified in a legal context or contractual obligation.

Made Known

To reveal or disclose information or knowledge that was previously unknown or hidden.

Request to Negotiate

An invitation or proposal to start negotiation discussions about a specific issue, contract, or arrangement.