Usually Driven by the Size and Attractiveness of the Foreign

question 34

Multiple Choice

Usually driven by the size and attractiveness of the foreign market,_____ is generally the most expensive commitment that a company can make in an overseas market.

• A)foreign direct investment
• B)a joint venture
• C)foreign licensing
• D)a strategic alliance

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Definitions:

Product Domain

The complete range of products that a company creates or plans to offer within its market.

Long-term Direction

The strategic goals and visions set by an organization to guide its operations, development, and decision-making processes over an extended period.

Functional Strategy

A specific, detailed plan aimed at achieving objectives in a particular business area, supporting the overall business strategy.

Divisional Strategy

A strategic approach in which an organization is divided into semi-autonomous units, each focusing on a specific product line or market segment.