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

The best entry mode for a high-tech firm into a foreign market is establishing wholly owned subsidiaries. This allows the firm to have complete control over operations and minimize the risk of technology transfer to local partners or competitors. Furthermore, a wholly owned subsidiary enables a high-tech firm to retain its intellectual property rights and capture the full potential of the foreign market.

Which of the Following Entry Modes into a Foreign Market