Modes of Entry into Foreign Markets

What is an example of a mode of entry that involves selling goods to another country?

• Franchising

• Exporting

• Licensing

• Wholly Owned Subsidiary

Which of the following is a market entry strategy for entering global markets?

• Importing

• Exporting

• Domestic Manufacturing

• Local Retailing

What is one of the strategies that involves collaboration with other companies?

• Exporting

• Licensing

• Strategic Alliances

• Sales Subsidiaries

What is the primary purpose of a mode of entry in business?

• To establish a business's delivery of goods or services into a new market

• To create a new product line

• To increase domestic sales

• To reduce production costs

Which of the following is an example of moving goods or services between countries?

• Licensing

• Exporting

• Franchising

• Joint ventures

What type of strategy involves licensing and franchising?

• Movement of goods

• Contractual agreements

• Development of operations

• Direct investment

What is the primary activity of businesses that export their products?

• Manufacture products in another country

• Manufacture products in their home country and sell them locally

• Manufacture products in their home country and sell them in another country

• Manufacture products in another country and sell them locally

What is usually an entry-level introduction to global expansion and international business activities?

• Importing and Exporting

• Domestic Marketing

• Local Manufacturing

• Online Advertising

Why does starting an import or export operation generally not require a large capital investment?

• Because it involves high-risk ventures

• Because the operation remains in the home country

• Because it requires international partnerships

• Because it involves digital transactions

What is a contractual agreement that allows one business to use another business's intellectual property?

• Licensing

• Franchising

• Partnership

• Merger