An organization would like to expand overseas.Its managers have considered pursing the expansion through a joint venture,but they are concerned that using a joint venture would limit the amount of profits they can make and also limit their control of the venture.Which of the following global expansion tactics should you suggest to these managers?
A)Exporting
B)Transnational symbiotic venturing
C)A greenfield venture
D)Franchising
E)Licensing

Question

Quizplus · Accepted Answer

A greenfield venture would allow the organization to have complete control over the new business and the potential to earn high profits. While a joint venture may have its benefits, it may not be the best option if the managers are concerned about control and profit limitations. Exporting, franchising, and licensing involve partnering with established businesses, and may not provide the level of control or potential for high profits that the organization is looking for. Transnational symbiotic venturing is not a commonly utilized expansion tactic and may not be suitable for this particular organization.

An Organization Would Like to Expand Overseas