Which Method of Entering a Foreign Market Carries with It

question 23

Multiple Choice

Which method of entering a foreign market carries with it the most risk?

• A)direct ownership
• B)exporting
• C)licensing
• D)joint venture
• E)contract manufacturing

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Definitions:

Psychological Contract

represents the unwritten, implicit expectations and agreements between an employee and employer about their mutual obligations, including job security, loyalty, and work conditions.

Contributions

Inputs or additions made by an individual or group towards achieving a goal or completing a project.

Organisation

A systematic arrangement of people and resources managed to achieve a shared goal or set of goals within a certain context.

Global Marketplace

The international economic environment in which businesses operate, characterized by interconnected markets, global competition, and cross-border trade.