An entry strategy in which a firm maintains its production facilities within its home country and transfers its products for sale in foreign markets is known as _________.
A
Exporting
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B
Licensing
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C
Franchising
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D
International management
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Solution
The correct option is A Exporting An
entry strategy in which a firm maintains its production facilities
within its home country and transfers its products for sale in foreign
markets is known as exporting. Exporting can be defined as the act or process of sending goods and services to a foreign country for sale. Exporting helps to upgrade the rate of economic growth.