Which of the following describes the most typical order of entry into foreign markets? a. franchising, licensing, exporting, joint venture, and wholly owned subsidiary exporting, licensing, b. franchising, joint venture, and wholly owned subsidiary licensing, exporting, c. franchising, joint venture, and wholly owned subsidiary exporting, d. franchising, licensing, joint venture, and wholly owned subsidiary

THIS USER ASKED 👇

Which of the following describes the most typical order of entry into foreign markets? a. franchising, licensing, exporting, joint venture, and wholly owned subsidiary exporting, licensing, b. franchising, joint venture, and wholly owned subsidiary licensing, exporting, c. franchising, joint venture, and wholly owned subsidiary exporting, d. franchising, licensing, joint venture, and wholly owned subsidiary

THIS IS THE BEST ANSWER 👇

None of the answers above. The correct order is: B.exporting, licensing, franchising, joint venture, and wholly owned subsidiary.

Explanation:

Once the company has selected the market or markets to which it will lead its international expansion strategy, it will move on to the stage of selecting the entry form. The decision will depend on the type of product or service to be exported, the financial commitment the company is willing to accept, as well as the level of control and coordination of international operations.

“The different input methods are determined by the type of control that can be exercised on the distribution channel, products and brands marketed in the country of destination”