Which of the following is an entry strategy in which organizations maintain their production facilities within their home countries but ship their products to foreign markets for sale?
A) Franchising
B) Licensing
C) Exporting
D) Greenfield venture
E) Joint venture

Question

Quizplus · Accepted Answer

Exporting is the entry strategy in which organizations maintain their production facilities within their home countries but ship their products to foreign markets for sale. Franchising involves giving the right to use a company's name and operating system in exchange for a fee. Licensing involves granting permission to use a company's intellectual property in exchange for a fee. Greenfield venture involves establishing a new, wholly-owned subsidiary in a foreign market. Joint venture involves partnering with a local company to start a new business together.

Which of the Following Is an Entry Strategy in Which