Question Description
Need help with my Management question - I’m studying for my class.
Discuss strategic options to enter a foreign country?
Required Texts
- Wheelen, T. L., Hunger, D., Hoffman, A. N., & Bamford, C. E. (2014). Concepts in strategic management and business policy (14th ed.). Upper Saddle River, NJ: Prentice Hall. ISBN-13: 9780133126129 (print), 9780133126433 (e-text)
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Running head: STRATEGIC MANAGEMENT
Strategic Management
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Institution
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STRATEGIC MANAGEMENT
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The five main strategic options for entering foreign markets are:
•
Exporting
•
Franchising and licensing
•
Internet
•
Joint ventures
•
Acquisitions
Exporting:
•
It is one of the fastest ways to get access of a foreign market
•
Exporting is directly dependent on demand
•
If there is High demand for a country’s goods, greater quantities of goods ...
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