The Form of Entry Strategy into International Operations That Offers

question 72

Multiple Choice

The form of entry strategy into international operations that offers the lowest level of control for the domestic corporation would be

• A) franchising.
• B) licensing.
• C) joint venture.
• D) exporting.

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Definitions:

Framing

The way information or issues are presented and the effect this presentation has on perception and decision-making.

Availability

In psychology, it refers to the ease with which a particular thought or memory can be accessed from memory, often influencing judgments and decision-making.

Representativeness

A cognitive heuristic where an individual categorizes a situation based on how similar it is to the typical case or to their standard representation of such a case.

Heuristics

Mental shortcuts or rules of thumb that simplify decision making, often used unconsciously to make judgments and solve problems quickly.