What Market Entry Option Allows a Company to Make the Least

question 133

Multiple Choice

What market entry option allows a company to make the least number of changes in terms of its product, its organization, and even its corporate goals?

• A)exporting
• B)licensing
• C)joint venture
• D)direct investment
• E)franchising

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Definitions:

Inefficiently

In a manner that does not make the best or optimal use of resources, leading to waste or suboptimal outcomes.

Economic Growth

An increase in the production of economic goods and services, compared from one period of time to another.

Production

The process of combining various material inputs and immaterial inputs (plans, know-how) to make something for consumption.

Black Plague

A devastating global epidemic of bubonic plague that struck Europe and Asia in the mid-1300s, significantly reducing the world's population.