Which of the Following Statements Regarding the Three Strategies for Entering

question 102

Multiple Choice

Which of the following statements regarding the three strategies for entering business internationally is true?

• A) Global outsourcing has a higher cost to enter foreign operations than does partnerships.
• B) Exporting has more risk involved than does global outsourcing and partnerships.
• C) Global outsourcing has the lowest level of ownership of foreign operations.
• D) Partnerships have the highest level of ownership of foreign operations.
• E) Partnerships have the lowest cost to enter foreign operations.

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Definitions:

Used-Car Dealers

Businesses that focus on selling pre-owned vehicles to consumers, often offering trade-in options.

Independent Events

Two or more events where the occurrence of one event does not affect the probability of the others.

Different Times

Various points or periods in time, indicating a range of temporal instances or durations.

Marginal Utility

The heightened utility one obtains from the consumption of an extra unit of a particular good or service.