Select one of the approaches listed below that are widely used for entering foreign markets and discuss in detail the proposed strategy. As you consider the strategy as well discuss potential issues that could impact the success of your choice.
1) Niche Market Exporting 2) Licensing and Contract Manufacturing 3) Franchising 4) Joint Ventures 5) Foreign Branching 6) Equity Investing, and 7) Wholly Owned Subsidiaries.
Give credit to the source of information.