d$)$ franchise

Question $25(10$ points$)$

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In class, we introduced the market expansion strategies about how companies can decide to expand by seeking new markets in existing countries or seeking new country markets for existing products. We used Bell's Brewery to illustrate the strategy and Starbucks to illustrate the $q,$ strategy.

a$)$ narrow focus, country diversification

b$)$ narrow focus, country focus

c$)$ global diversification, narrow focus

d$)$ global diversification, country diversification

Question $26(10$ points$)$

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Which of the following is NOT an advantage of joint ventures in foreign investment?

$$ a$)$ allows for risk sharing