Which Is NOT One of the Three Broad Modes for Entering

question 13

Multiple Choice

Which is NOT one of the three broad modes for entering foreign markets?

• A) Licensing/franchising
• B) Direct exports
• C) Microfinancing
• D) Foreign direct investment

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Definitions:

Previous Clients

Individuals or entities that have previously engaged in business transactions or received services from a company, potentially representing opportunities for repeat business.

Small Businesses

Enterprises that are privately owned and operated, with smaller revenue and fewer employees compared to larger companies.

All Firms

A term that encompasses all business enterprises, regardless of size, industry, or structure, operating within an economy.

Small Business Administration

A U.S. governmental agency that provides support to entrepreneurs and small businesses through loans, grants, and counseling.