Which of the Following Is the Simplest and the Cheapest

question 26

Multiple Choice

Which of the following is the simplest and the cheapest method to enter a foreign market?

• A) Direct sales
• B) Joint ventures
• C) Internet marketing
• D) Licensing
• E) Franchising

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Definitions:

Transitional Change

A period or process of moving from one state, stage, or condition to another, often involving significant shifts in operations or strategy.

Implementing

The process of putting a decision or plan into effect; execution.

Basic Problem Solving

The process of identifying a problem, determining the cause, and finding an effective solution through a series of steps.

Transformational Change

A profound, radical shift that fundamentally alters the culture, operations, and direction of an organization, often in response to significant external pressures.