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The management of Sport Shoes Corporation, a U.S. firm, wants to expand into foreign investment and employment markets. They are considering either opening their own

The management of Sport Shoes Corporation, a U.S. firm, wants to expand into foreign investment and employment markets.

They are considering either opening their own production facility in a foreign country or enterĀ­ing into a licensing agreement with a foreign firm.

A) What are the advanĀ­tages and disadvantages of each of opening its own production facility in a foreign country?

B) What are the advantages and disadvantages of entering into a licensing agreement with a foreign firm?


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