2 points aims to capitalize on low cost skilled labor, low cost raw material and the unique skillset of the people by manufacturing overseas without taking ownership of the foreign business. Importing Exporting Sourcing Licensing Joint venture 8 2 points An International Business Plan is all of the following EXCEPT: O A contract among stakeholders. It doesn't change unless agreed upon by all parties Presents multiple market entry strategies and analyzes each Describes in detail the operations plan including costs of doing business Presents thorough, realistic financial projections Contains bios and contact information of the main players 29 2 points When creating an International Business Plan, the financial projections must contain all of the following EXCEPT Pro forma income statement An agreed upon forward exchange rate, based on the projected date of starting the business Pro forma balance sheet Pro forma cash flow statement Source and Use of Funds