Which of the following are strategy options for entering foreign markets?
A) Maintaining a national (one-country)production base and exporting goods to foreign markets.
B) Establishing a subsidiary in a foreign market.
C) Franchising and licensing strategies.
D) Forming strategic alliances or joint ventures with foreign partners.
E) All of these.

Question

Quizplus · Accepted Answer

All of these options are viable strategies for entering foreign markets, depending on the company's resources, goals, and the characteristics of the target market. Maintaining a national production base can be a cost-effective way to serve small foreign markets or test the waters in a new market, while establishing a subsidiary allows for greater control and presence in the foreign market. Franchising and licensing can be suitable for companies with strong brands seeking to expand quickly with minimal financial investment, and strategic alliances and joint ventures offer opportunities to leverage local partners' knowledge and resources.

Which of the Following Are Strategy Options for Entering Foreign