Which Form of Entry into a Foreign Market Requires the Greatest

question 66

Multiple Choice

Which form of entry into a foreign market requires the greatest commitment?

• A) direct exporting
• B) direct investment
• C) joint venture
• D) licensing
• E) indirect exporting

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Definitions:

Customer Retention Programs

Strategies and practices designed to keep customers engaged and continuing to purchase from a business over time.

Lifetime Value

The total net profit attributed to a customer over the entirety of their relationship with a company.

Transaction-by-Transaction Basis

Evaluating or managing each transaction individually rather than considering overall performance over time.

Quick Response System

A supply chain management approach designed to speed up inventory replenishment and enhance efficiency.