Which of the Following Is Typically the Lowest Risk Approach

question 189

Multiple Choice

Which of the following is typically the lowest risk approach for moving into international markets?

• A) licensing
• B) exporting
• C) joint venturing
• D) direct investment
• E) management contracting

---

Definitions:

Authority

Authority refers to the legal power or right given to an individual or body to make decisions, enforce rules, or control something or someone.

Employer's Organization

A group that represents the interests of employers in various industries.

Ratify

To officially approve or confirm, often used in the context of validating agreements or contracts.

Actual Authority

The power that an agent or representative has been formally given by a principal to conduct specific acts.