Globus International Is Looking to Expand Its Operations to a Country

question 21

Multiple Choice

Globus International is looking to expand its operations to a country that is politically,culturally,and economically different and less liberalized than Globus' home country.Globus is looking for an entry mode which would allow it access to local knowledge,allow sharing of development costs and risks,and also be politically acceptable.Which of the following entry modes would be best suited for the company?

• A)Wholly owned subsidiary
• B)Joint venture
• C)Exporting
• D)Greenfield investments

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Definitions:

Cooperation

The act of working together towards a common goal, often involving the pooling of resources or effort.

Helpfulness

The quality of providing useful assistance or support to others, often contributing positively to a goal or task.

Sexual Maturity

The stage in an organism's life cycle when it becomes capable of reproducing, marked by the maturation of the reproductive organs and the production of gametes.

Commercial Fishing

The activity of catching fish and other seafood for commercial profit, primarily from wild fisheries.