Asked by
layla baksh-scott
on Nov 22, 2024Verified
Deane Manufacturers produces its goods in its home country and then sells it in other countries. In the context of international expansion, which of the following entry modes is exemplified in this scenario?
A) Exporting
B) Licensing
C) Franchising
D) Joint venture
Exporting
Sending goods or services out of a company’s home country.
International Expansion
The process by which a company extends its operations or market presence beyond its home country.
Entry Modes
The strategies or methodologies used by companies to enter into a new market.
- Understand different modes of entering foreign markets.
Verified Answer
CS
Learning Objectives
- Understand different modes of entering foreign markets.
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