Strategic Management in Business Discussion

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UhqnF

Business Finance

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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Explanation & Answer

Attached.

Running head: STRATEGIC MANAGEMENT

Strategic Management
Your name
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 ...

ghgbenkry (3703)
University of Virginia

Anonymous
Awesome! Perfect study aid.

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