Question

A firm enters a foreign market by forming an alliance with a firm in the foreign market it is referred as

Answer 1

Exporting. Exporting is the direct sale of goods and / or services in another country. ...

Licensing. Licensing allows another company in your target country to use your property. ...

Franchising. ...

Joint venture. ...

Foreign direct investment. ...

Wholly owned subsidiary. ...

Piggybacking.