Question $3$: Which statement about modes of entry in international business is FALSE?

$*$ Exporting involves the least amount of investment

$*$ Franchising involves higher control compared to licensing

$*$ Licensing grants a local company the rights to use a company's technology or brand name

$*$ Wholly owned subsidiaries provide the highest level of control for the parent company

Select an option:

$*$ Exporting involves the least amount of investment

$*$ Franchising involves higher control compared to licensing

$*$ Licensing grants a local company the rights to use a company's technology or brand name

$*$ Wholly owned subsidiaries provide the highest level of control for the parent company