Which of the Following Modes of Entry into Foreign Markets

question 103

Multiple Choice

Which of the following modes of entry into foreign markets can result in a lack of control over quality?

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

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Definitions:

Employment Experience

The accumulation of knowledge, skills, and attitudes acquired by individuals through participating in the workforce.

External Supply of Labour

Refers to the availability of potential employees outside the organization, which can be influenced by factors such as demographic changes and education levels.

Retraining Employees

The process of teaching existing employees new skills or updating their current skills to meet the changing demands of their job roles or the company.

Soft Cost

Expenses that are not directly related to physical construction or labor costs, often including design, legal fees, and permits.