Top Posters
Since Sunday
21
8
C
6
6
m
5
m
5
m
5
c
5
c
5
m
4
b
4
i
4
New Topic  
Student06 Student06
wrote...
Posts: 18
Rep: 0 0
3 weeks ago
Which of the following strategies is best when attempting to enter a foreign market slowly and then designing the firm's product offerings for that market?

▸ Foreign direct investment

▸ Exporting

▸ Business merger

▸ Joint venture

▸ Franchising
Textbook 

Business in Action


Edition: 9th
Authors:
Read 4 times
1 Reply
Replies
Answer verified by a subject expert
GremGrem
wrote...
Posts: 22
Rep: 0 0
3 weeks ago
Sign in or Sign up in seconds to unlock everything for free
More questions for this book are available here
Exporting

Exporting allows a firm to enter a foreign market gradually, assess local conditions, and then fine-tune its product offerings to meet the needs of local markets. In most cases, the firm's financial exposure is limited to the costs of researching the market, advertising, and either establishing a direct sales and distribution system or hiring intermediaries.

1

Related Topics

wrote...
Posts: 18
Credits: 10

3 weeks ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...
Posts: 121
Credits: 125

Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
wrote...
Posts: 103
Credits: 125

2 hours ago
You make an excellent tutor!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  84 People Browsing
 268 Signed Up Today
Related Images
 176
 123
 50
Your Opinion