Which of the following activities is the least costly and least risky method for selling a product on the global market?
A) licensing
B) exporting
C) franchising
D) contract manufacturing

Question

Quizplus · Accepted Answer

Exporting is the least costly and least risky method of selling products on the global market. It involves the transfer of goods from one country to another, and it allows companies to enter new markets without the need for costly investments or extensive legal frameworks. Additionally, risks associated with exporting are generally low, especially when compared to other methods such as licensing, franchising, or contract manufacturing.

Which of the Following Activities Is the Least Costly and Least