Which of the Following Are Strategy Options for Entering Foreign

question 6

Multiple Choice

Which of the following are strategy options for entering foreign markets?

• A) Maintaining a national (one-country)production base and exporting goods to foreign markets.
• B) Establishing a subsidiary in a foreign market.
• C) Franchising and licensing strategies.
• D) Forming strategic alliances or joint ventures with foreign partners.
• E) All of these.

---

Definitions:

Promotion Strategy

Tactics and methods used by a business to promote and bring greater awareness to its products or services.

Market Testing

The process of evaluating consumer response to a product or service in a specific market before a full-scale launch.

Aggressive Salespeople

Sales professionals who use assertive and often pushy techniques to close deals or secure clients.

Candy Manufacturer

A company that specializes in producing sweets and confections.