A multinational firms business model entails creating joint ventures that allow the firm to reduce the risk of start-up and generate a source of local market knowledge. If the firm experiences difficulty with its joint venture partner, which is the BEST option that could provide the ability to fully integrate with its market and own all operations?

A. Establish a foreign subsidiary.

B. Refocus on export expansion.

C. Secure a master franchisor.

D. Build a turnkey arrangement.