CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

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
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Licensing
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Franchising
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
International management
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
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.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Modes of Entry
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon