Sumo Corporation, a growing Japanese firm, wants to use foreign factors of production with the motive to reduce cost to be competitive. It can: (Required)

1. 1.establish a subsidiary in India that can sell products produced elsewhere.
2. 2.establish a subsidiary in India where raw materials are cheap and accessible.
3. 3.Sumo Corp can use all the given options.
4. 4.participate in an Indian joint venture to learn about a production process or other operations.
5. 5.establish a subsidiary in India that has relatively low costs of labor or land.