Which of the Following International Expansion Strategies Involves the Lowest

question 8

Multiple Choice

Which of the following international expansion strategies involves the lowest level of risk and investment?

• A)exporting
• B)franchising
• C)licensing
• D)strategic alliances

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Definitions:

Probability Density Function

A mathematical expression indicating the probability of a continuous random variable assuming a certain value.

Uniform Distribution

A probability distribution in which all outcomes are equally likely across a defined interval.

Subway Waiting

The duration of time spent waiting for a subway train to arrive, often of interest in studies of public transportation efficiency and commuter satisfaction.

Standardized

Refers to the process of subtracting the mean and dividing by the standard deviation for each data point in a dataset, resulting in a z-score.