Compare and Contrast the Advantages for Entering and Competing in Foreign

question 8

Essay

Compare and contrast the advantages for entering and competing in foreign markets for the strategic options of exporting, licensing, and franchising.

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Definitions:

Empowerment Theory

A theoretical approach that prioritizes enabling individuals or groups to increase control over their lives, gain rights, influence decision-making processes, and improve their situation.

Inequality

A situation or condition where resources, opportunities, and rights are distributed unevenly among members of a society.

Discriminatory Practices

Actions or policies that unjustly differentiate among people based on age, race, gender, or other protected characteristics.

Race

A social construct categorizing people based on physical characteristics, ancestry, or historical affiliation, often associated with variations in societal treatment.