Description
Answer question completely from below, each question must include 1-4 points
1. What five entry modes do firms consider as path to enter the international market? Be specific in your answer.
2. What is a strategic alliance? What are major types of alliances?
3. What are the characteristics of product and service quality?
Explanation & Answer
Attached.
Business Strategies - Outline
I. Modes of entry to international market
A. Exporting
B. Licensing
C. Joint venture
D. Direct investment
E. Acquisitions
II. Strategic alliance
A. Definition
B. Components
(i)
Sharing of knowledge and expertise between the involved partiers
(ii)
Reducing risks and costs in acquiring or developing new products
C. Types
(i)
Joint ventures
(ii)
Outsourcing
(iii)
Affiliate marketing
(iv)
Technology licensing
(v)
Product licensing
(vi)
Franchising
(vii)
Distribution relationship
III. Product and service quality
A. Consumer satisfaction
Running head: BUSINESS STRATEGIES
1
Business Strategies
Name
Institution
BUSINESS STRATEGIES
2
Business Strategies
What five entry modes do firms consider a path to enter the international market? Be
specific in your answer.
The choice of how to enter a foreign market can have a significant impact on the
results and future of a company. Choosing the best mode of entry is a critical ...
Review
Review
24/7 Homework Help
Stuck on a homework question? Our verified tutors can answer all questions, from basic math to advanced rocket science!
Similar Content
Related Tags
Slaughterhouse Five
by Kurt Vonnegut
A Brief History of Humankind Sapiens
by Yuval Noah Harari
Pachinko
by Min Jin Lee
Death on the Nile
by Agatha Christie
Normal People
by Sally Rooney
The Odyssey
by Homer
A Separate Peace
by John Knowles
2001 A Space Odyssey
by Arthur Clarke
The Dispossessed
by Ursula Kroeber Le Guin