Which Form of Entry into a Global Market Makes a Firm

question 64

Multiple Choice

Which form of entry into a global market makes a firm vulnerable to harm to its name or reputation?

• A)direct exporting
• B)indirect exporting
• C)licensing
• D)contract manufacturing
• E)joint ventures

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Definitions:

Competitive Advantage

The distinctive qualities or situations that enable a company to surpass its rivals in performance.

Higher Rates

Refers to the increased costs or interest rates often associated with loans, investments, or other financial products.

Interest

The cost paid for borrowing money, typically expressed as an annual percentage rate.

Emergent Strategy

A strategy that unfolds in response to unexpected opportunities and challenges, rather than being planned from the start.