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Many firms began global expansion by moving from less risky ventures initially to riskier ventures in later years. Which of the global entry strategy progressions

Many firms began global expansion by moving from less risky ventures initially to riskier ventures in later years. Which of the global entry strategy progressions would characterize that type of evolution?

	1.	exporting
	2.	strategic alliance
	3.	joint venture
	4.	direct investment

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