ABC Manufacturing Is Exploring Entering the Global Arena

question 57

Essay

ABC Manufacturing is exploring entering the global arena. Describe the three lowest risk entry strategies in global business for ABC.

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Definitions:

Read

The act of interpreting and understanding the meaning of written or printed matter, either silently or aloud.

Room

A designated space within a building, separated by walls, for a particular purpose or activity.

Human Capital

The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.

Devil's Advocate

A position taken by someone to provoke debate or challenge the prevailing viewpoint for the sake of argument or analysis.