Asked by Jillian Hearne on May 02, 2024
Verified
In the context of the entry tactics available for different entry modes, which of the following is a difference between the "make" tactic and the "ally" tactic?
A) In the "make" tactic, a company partners with existing firms in the local market, whereas in the "ally" tactic, a firm develops its own operations in the foreign country.
B) In the "make" tactic, a firm develops its own operations in the foreign country, whereas in the "ally" tactic, a company partners with existing firms in the local market.
C) In the "make" tactic, a firm will acquire another firm already operating in the local market, whereas in the "ally" tactic, a firm develops its own operations in the foreign country.
D) In the "make" tactic, a firm partners with existing firms in the local market, whereas in the "ally" tactic, a firm will acquire another firm already operating in the local market.
"Make" Tactic
A strategy where a company decides to produce its products in-house rather than outsourcing.
"Ally" Tactic
A strategy where individuals or groups support and stand up for those in less privileged positions or facing discrimination.
- Elucidate the contrasts between methods of entering global markets, including "make," "buy," "ally," and more.
Verified Answer
ZK
Zybrea KnightMay 07, 2024
Final Answer :
B
Explanation :
The "make" tactic involves a firm developing its own operations in a foreign country, essentially building its presence from the ground up. On the other hand, the "ally" tactic involves forming partnerships or alliances with existing firms in the local market to enter or expand in that market.
Learning Objectives
- Elucidate the contrasts between methods of entering global markets, including "make," "buy," "ally," and more.
Related questions
In the Context of Entry Tactics Available for Different Entry ...
Zainne Textiles Uses the Services of GoUTrade, an E-Commerce Firm ...
Dienne Automobiles Has Chosen to Enter the Foreign Market by ...
Loen Handicrafts Is a Company That Has Entered the International ...
When Hrojo Chemicals Engages in International Business Through a Turnkey ...