Question: Question 3 ( 3 points ) Lucar Steels Inc. has decided to enter into a foreign market by setting up its own production facilities and

Question

3 (3

points

)

Lucar Steels Inc. has decided to enter into a foreign market by setting up its own production facilities and distribution channels from scratch. This will allow it to have strong control over all of its business activities. What is the foreign entry mode most likely opted by Lucar Steels Inc.?

Acquisition

Export

Joint venture

Greenfield entry

Question 3(3 points) Lucar Steels Inc. has decided to enter into

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