Of the Approaches to Pursuing International Markets, Developing a ________

question 20

Multiple Choice

Of the approaches to pursuing international markets, developing a ________ involves the greatest commitment and risk.

• A)franchise
• B)joint venture
• C)strategic alliance
• D)foreign subsidiary

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Definitions:

Goal

A desired outcome or target that an individual or group aims to achieve, often requiring planning and effort to attain.

Systematically Varied

Altered or adjusted in a methodical manner to observe changes under different conditions.

Action Sequences

A series of actions or steps taken in order to achieve a particular end, often observed in task performance or behavior analysis.

Tertiary

Pertains to the third in order, level, or stage, often used in education (tertiary education refers to post-secondary education) or in describing stages of economic activities.