Asked by Janna Gapuz on Sep 28, 2024
Company X wants a low risk method for entering the global market that will not require a significant amount of resources.Which of the following methods would be LEAST appropriate for Company X?
A) exporting
B) licensing
C) joint venture
D) franchising
Global Market
The international trading environment where businesses operate, sell, and compete across national boundaries.
Significant Amount
A quantity or figure that is large enough to be notable or have a considerable impact in a given context.
Resources
Assets, capabilities, processes, information, and knowledge that an organization controls and utilizes to achieve its goals and objectives.
- Analyze the impact of different market entry strategies on company resources and risks.
Learning Objectives
- Analyze the impact of different market entry strategies on company resources and risks.
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