The Lowest Cost and Lowest Risk Way to Enter a Foreign

question 37

Multiple Choice

The lowest cost and lowest risk way to enter a foreign market is through

• A) a joint venture.
• B) licensing.
• C) management contracting.
• D) a direct investment.
• E) exporting.

---

Definitions:

Work Environment

The setting, conditions, and culture in which an employee works, including physical space, work hours, and organizational climate.

Critical Periods

Specific times during an organism's life span when it is more sensitive to environmental influences or stimulation than at other times, often affecting development or behavior.

Change Process

The series of actions taken to modify the methods, strategies, or structure of an organization to achieve desired results.

Organizational Change

The process of implementing significant alterations in a company's operations, structure, or culture to address internal or external challenges and improve effectiveness.