Which of the following entry modes into a foreign market best serves a high-tech firm?
A)Turnkey projects
B)Franchising
C)Wholly owned subsidiaries
D)Joint ventures
E)Exporting

Question

Quizplus · Accepted Answer

When a firm's competitive advantage is based on technological competence, a wholly owned subsidiary will often be the preferred entry mode because it reduces the risk of losing control over that competence. Many high-tech firms prefer this entry mode for overseas expansion.

Which of the Following Entry Modes into a Foreign Market