Which of the Following Entry Strategies Requires Little Investment and Enables

question 3

Multiple Choice

Which of the following entry strategies requires little investment and enables quick and easy market withdrawal?

• A) franchising
• B) joint ventures
• C) turnkey projects
• D) exporting

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Definitions:

Magnuson-Moss Act

A federal law enacted to protect consumers from deceptive warranty practices, improving the enforceability of warranties on consumer products.

Injunctive Relief

A court order requiring a party to do or to refrain from doing specific acts.

Equal Credit Opportunity

A law that prohibits lenders from discriminating against applicants based on race, color, religion, national origin, sex, marital status, age, or because all or part of an applicant's income derives from any public assistance program.

Credit Discrimination

The practice of denying or limiting financial services to individuals based on race, color, religion, national origin, sex, marital status, age, or because they get public assistance.