Identify the tier that is a part of internationalization.
A) Indirect investments
B) Importing essential goods
C) Licensing franchises
D) Portfolio investment

Question

Quizplus · Accepted Answer

Licensing franchises is a part of the tier of internationalization referred to as market entry strategy, which involves giving permission to another company or individual to use your company's brands, products, or services. This allows for expansion into new markets without having to establish a physical presence in that market. Indirect investments, portfolio investment, and importing essential goods are not necessarily part of the internationalization process.

Identify the Tier That Is a Part of Internationalization