QUESTION $34$

Which market entry strategy involves the highest level of risk and investment?

A$.$ Licensing

B$.$ Direct Investment

C$.$ Export

D$.$ Joint Venture

QUESTION $35$

What is the primary advantage of using a joint venture as a market entry strategy?

A$.$ It provides shared risk and access to local knowledge.

B$.$ It is the least costly entry strategy.

C$.$ It is simple to manage and exit.

D$.$ It allows for full control over the operations.

QUESTION $36$

Which strategy is commonly used by companies first entering a foreign market to minimize risk?

A$.$ Forming a strategic alliance

B$.$ Exporting

C$.$ Franchising

D$.$ Creating a wholly owned subsidiary