Asked by
Rhitzelynn Ann Barredo
on Nov 22, 2024
Verified
Varan Inc. is a company based in the country of Jeova, and it wishes to enter a foreign market. If it uses the equity mode for its international expansion, then which of the following entry modes is Varan Inc. most likely using?
A) Exporting
B) Licensing
C) Franchising
D) Joint ventures
Equity Mode
An investment strategy or approach that involves taking ownership stakes, typically in the form of stocks, in companies rather than lending money to them.
Joint Ventures
Business arrangements where two or more parties collaborate on a project, sharing risks and rewards.
- Acquire knowledge on different approaches to penetrate foreign markets.
- Discover the aspects that guide a company's decision-making process in choosing a mode of entry into overseas markets.
Verified Answer
CB
Learning Objectives
- Acquire knowledge on different approaches to penetrate foreign markets.
- Discover the aspects that guide a company's decision-making process in choosing a mode of entry into overseas markets.