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.

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Definitions:

Physical Attributes

The tangible and visible characteristics or features of a person, object, or place.

Luck

An unpredictable and uncontrollable force that causes an event to occur in a beneficial or harmful way without being part of a deliberate intention.

Poverty Rate

The proportion of the population living below the poverty line, indicating the level of economic deprivation in a society.

Income Share

The distribution of total income among different groups or individuals, often used to analyze economic inequality.