An MNC Uses Which International Strategy for Entering a Foreign

question 51

Multiple Choice

An MNC uses which international strategy for entering a foreign market by simply shipping goods produced in the company's home country to other countries for marketing to minimize risk and to experiment with a specific product?

• A) licensing
• B) joint ventures
• C) exporting
• D) production sharing
• E) acquisitions

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Definitions:

Reengineering

The radical redesign of business processes to achieve dramatic improvements in critical aspects such as performance, quality, cost, and service.

Deep-Level Diversity

Differences among individuals based on attributes that are less immediately visible, such as values, beliefs, knowledge, and skills, which can influence their perspectives and interactions.

Demographic Characteristics

Quantifiable attributes of populations, such as age, gender, race, and income, often used in analysis and planning.

Structural Characteristics

The attributes and configurations that define the organization, framework, or structure of a system or entity.