The Simplest Way to Enter a Foreign Market Is Through

question 47

Multiple Choice

The simplest way to enter a foreign market is through ________.

• A) joint ownership
• B) exporting
• C) direct investment
• D) licensing
• E) contract manufacturing

---

Definitions:

Production Budget

A financial plan that estimates the costs associated with the production of goods or services within a specified period.

Inventory Considerations

Inventory considerations involve managing stock levels to align with business needs, avoiding both excess and shortages while optimizing costs.

Projected Unit Sales

The estimated quantity of products a company plans to sell in a future period, often used for planning and forecasting purposes.

Credit Sales

Sales in which the customer is allowed to purchase goods or services on the agreement they will pay at a later date.