________ Is a Method of Entering a Foreign Market by Developing

question 77

Multiple Choice

________ is a method of entering a foreign market by developing foreign-based assembly or manufacturing facilities.

• A) Exporting
• B) Direct investment
• C) Licensing
• D) Indirect exporting
• E) Management contracting

---

Definitions:

System II Thinking

is a mode of thought characterized by more deliberate, conscious, and analytical reasoning, often involving complex judgments or problem-solving.

System I Thinking

A term in psychology that refers to the fast, automatic, intuitive approach of decision-making, as opposed to slow, deliberate, analytical thinking.

Confirmation Bias

The habit of seeking out, understanding, preferring, and remembering data in a manner that validates one's already established views or theories.

Hypothesis Testing

A statistical method that is used in making statistical decisions using experimental data.