Which of the following strategies would most likely be used by a non-European company wanting to gain quick entry inside the European community?
A)international joint venture
B)greenfield investment
C)turnkey operation
D)offshoring

Question

Quizplus · Accepted Answer

International joint venture is the most likely strategy to be used by a non-European company to gain quick entry inside the European community. This is because it allows the company to partner with a European company or companies that already have established networks, knowledge of the local market, and credibility in the region, which can help the non-European company quickly establish itself within the European market. Greenfield investment and turnkey operation may take longer to establish, while offshoring is not a strategy for entering a specific market but rather involves shifting production to another location.

Which of the Following Strategies Would Most Likely Be Used