Which List Correctly Ranks the Methods of Entering the Global

question 42

Multiple Choice

Which list correctly ranks the methods of entering the global marketplace in increasing order of risk?

• A) exporting, licensing and franchising, contract manufacturing, joint venture, and direct investment
• B) importing, contract manufacturing, licensing and franchising, joint venture, and direct investment
• C) licensing, franchising, contract manufacturing, joint venture, direct investment, and exporting
• D) franchising, contract manufacturing, joint venture, direct investment, importing, and licensing
• E) importing, contract manufacturing, joint venture, direct investment, and exporting.

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Definitions:

Time Wages

A system of compensation based on the amount of time an employee works, usually expressed as an hour rate.