Which of the Following Entry Modes Do Most Manufacturing Companies

question 108

Multiple Choice

Which of the following entry modes do most manufacturing companies use to begin global expansion?

• A)Exporting
• B)Wholly owned subsidiaries
• C)Franchising
• D)Licensing
• E)Joint ventures

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Definitions:

Financial Statement

A record that details the financial activities and conditions of a business or individual, commonly including the balance sheet, income statement, and cash flow statement.

Financial Statement

Formal records of the financial activities and position of a business, individual, or other entity, typically including the income statement, balance sheet, and statement of cash flows.

Normal Balance

The side (debit or credit) where increases are recorded for a particular type of account, reflecting the account's normal balance position in the accounting equation.

Financial Statement

Papers that present a summary of a company's financial status, covering the balance sheet, income statement, and statement of cash flows.