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What is the best answer and why? A domestic corporation considering expanding into international markets for the first time will typically:

1. Start off by implementing a wholly-owned foreign subsidiary so it can maintain standards identical to those at home.

2. Consider licensing or franchising its operations.

3. Consider implementing a low risk/low control strategy such as exporting.

4. Form a joint venture with a reputable foreign producer.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91903391

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