Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ginger decides to take her small company international. She needs a low - risk method that won t require a large investment. She knows she

Ginger decides to take her small company international. She needs a low-risk method that wont require a large investment. She knows she might need to choose a method where she doesnt maintain 100% control over what happens with her product in the international markets. Which of the following would most likely be Gingers first step in going global?
a. She will open and run a new facility in a foreign country.
b. She is likely to form a joint venture with a company in a foreign country.
c. She will immediately grow her company into a multinational firm to compete around the world.
d. She will form a strategic alliance to create a competitive advantage worldwide.
e. She will initially advertise her products on the Internet and export them.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Transport Operations

Authors: Allen Stuart

2nd Edition

978-0470115398, 0470115394

More Books

Students also viewed these General Management questions

Question

Efficiently implement a queue class using a circular array.

Answered: 1 week ago