Question: Based on the case study Costco Wholesale: the global expansion dilemma Costco's international entry mode has been through foreign direct investment - either wholly owned

Based on the case study "Costco Wholesale: the global expansion dilemma" Costco's international entry mode has been through foreign direct investment - either wholly owned subsidiary or joint ventures. It does not use franchising at all. Costco's entry strategy is the most expensive and risky as it involves huge amounts of financial investment. Using relevant theories and evidence evaluate why Costco prefers an equity-based entry mode

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