If a Firm Is Trying to Enter a Market Where

question 109

Multiple Choice

If a firm is trying to enter a market where there are already well-established companies, and where global competitors are also interested in establishing a presence, the firm should choose

• A) a franchise.
• B) a greenfield investment.
• C) a joint venture.
• D) an acquisition.

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Definitions:

Influence Peddling

The unethical practice of using one's position or connections to gain undue influence or advantages, often in a political or business context.

Direct Contact

A method of communication or interaction that involves face-to-face or direct interaction between individuals or entities without intermediaries.

CSR Outreach Program

Initiatives undertaken by a company to demonstrate its commitment to social responsibility, typically including community service, environmental stewardship, and engagement in local issues.

Affordable Care Act

A U.S. healthcare reform law enacted in 2010 that expanded insurance coverage and healthcare access while trying to reduce healthcare costs.