________ involves entering a foreign market by developing foreign-based assembly or manufacturing facilities.
A) Indirect exporting
B) Direct investment
C) Joint venturing
D) Contract manufacturing
E) Direct exporting

Question

Quizplus · Accepted Answer

Direct investment involves establishing and operating foreign-based facilities, such as assembly or manufacturing plants, to produce goods locally. This allows a company to have greater control over its operations and potentially reduce costs by sourcing materials and labor locally.

________ Involves Entering a Foreign Market by Developing Foreign-Based Assembly