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What are the factors that decide an organization's choice of the mode of entry in the international market?
High-quality Employees
Refers to employees who are highly skilled, efficient, and produce excellent work consistently.
Direct Bankruptcy Costs
Expenses directly associated with the bankruptcy process, including legal and administrative fees.
Legal Costs
Legal costs refer to the expenses incurred in obtaining legal services, including lawyer fees, court costs, and other related expenses.
Administrative Costs
Expenses related to the general administration of a business, such as salaries of senior executives, legal and accounting services.
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