Which of the Following Growth Strategies for Entering Foreign Markets

question 55

Multiple Choice

Which of the following growth strategies for entering foreign markets involves companies granting patent rights,trademark rights,and the right to use a technological process to foreign partners?

• A)Exporting
• B)Licensing
• C)Direct entry
• D)Importing

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Definitions:

Testimony

A formal written or spoken statement, especially one given in a court of law.

Experience

The knowledge or skill acquired by a person through direct involvement in or exposure to events or activities over time.

Evidence

Information, facts, or data supporting or disproving a claim, theory, or argument.

Citation Information

Details that identify a source of information or ideas, typically used in academic or research contexts.