For Smaller Firms and for Firms Entering into Foreign Markets,________

question 39

Multiple Choice

For smaller firms and for firms entering into foreign markets,________ is the most common way to enter an international market.

• A) licensing arrangements
• B) exporting goods
• C) creating strategic alliances
• D) cross-border acquisition

---

Definitions:

Crimean War

A military conflict fought from 1853 to 1856 in which Russia lost to an alliance of France, Britain, the Ottoman Empire, and Sardinia.

Disease

A condition that impairs the normal functioning of an organism, often characterized by specific symptoms and signs.

Naval Guns

Naval guns are large caliber artillery pieces mounted on ships, used historically in naval warfare to engage other ships or fortifications.

Major Export

The primary good or service sent from one country to another for sale or trade, often a significant part of a nation's economy.