Which Form of Entering a Foreign Market Requires the Greatest

question 129

Multiple Choice

Which form of entering a foreign market requires the greatest commitment?

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

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Definitions:

Maslow's Need

Refers to the hierarchical levels of human needs outlined by Abraham Maslow, ranging from basic physiological needs to self-actualization.

Unique Set of Needs

Specific, individual requirements or desires that vary from person to person, influencing behavior and satisfaction.

Maslow's Need Hierarchy

A theory of human motivation which states that people are motivated to fulfill basic needs before moving on to other, more advanced needs.

Incentives

Rewards or motivations provided to encourage specific behaviors or outcomes, commonly used in organizational settings to enhance performance.