Question: choose within these 7 entry mode exporting Turnkey projects Licensing Franchising Contract manufacturing International joint ventures (IJV) Wholly-owned subsidiaries (WOS) QUESTION THREE 10 marks Recommend

choose within these 7 entry mode

exporting

Turnkey projects

Licensing

Franchising

Contract manufacturing

International joint ventures (IJV)

Wholly-owned subsidiaries (WOS)

QUESTION THREE 10 marks Recommend and justify the most appropriate foreign entry mode that firms in each of the following situations should select. Explain the key characteristics of your recommended mode. a) A small R&D firm in Brisbane has developed a new manufacturing process technology that it would like to introduce quickly in several countries worldwide. b) A manufacturing firm in Sydney has a large, expensive state-of-the-art production facility that can produce large volumes of medical diagnostic kits at low cost for world markets. c) A pizza and pasta fast food chain in Melbourne wants to quickly enter the Asian markets as part of its international growth strategy. d) A large Australian construction company is interested in building infrastructure, such as roads and bridges, in developing countries that have high levels of government regulation and restriction on foreign ownership

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