Valid strategy option for entering in foreign market
Which of the following is/are not “valid” strategy options for entering and/or competing in foreign markets?
1- A franchising strategy and a strategy of licensing foreign firms to use the company’s technology or to produce and distribute the company’s products.
2- A localized multi- domestic strategy.
3- A global strategy where a company uses essentially the same competitive strategy approach in all country markets where it has a presence.
4- An export strategy and using strategic alliances or joint ventures with foreign companies as the primary vehicle for entering foreign markets.
5-An import strategy, a strategic alliance strategy, a profit sanctuary strategy, and a cross-market subsidization strategy.
