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wrote...
Posts: 1237
2 years ago
Of the approaches to pursuing international markets, developing a ________ involves the greatest commitment and risk.
A) franchise
B) joint venture
C) strategic alliance
D) foreign subsidiary
Textbook 
Fundamentals of Management: Essential Concepts and Applications
Edition: 9th
Authors:
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Great things in business are never done by one person. They're done by a team of people.
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2 years ago
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D
Explanation:  D) Unlike the other three choices, a foreign subsidiary is not a partnership with an existing foreign company. Instead, a foreign subsidiary requires an organization to commit resources to build an entire facility in a foreign country. Without a partner for guidance or shared responsibility, if things go wrong the organization itself will bear all consequences of the failure—making the subsidiary the riskiest of all four ventures.
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