________ is one of the modes of entry which requires high level of risks. (Fill in the blank by choosing correct option)
a) Licensing
b) Franchising
c) Joint Ventures
Answers
Answer:
The option which fits best in this fill in the blank is, C.
According to this option, 'Joint Ventures is one of the modes of entry which requires high level of risks.
Explanation:
Joint venturing requires the concept pf partnering up with other companies to enter the foreign market. Joint ventures require much finance and dealings to get it set up.
Answer:
(c) Joint Ventures
Explanation:
Joint Ventures is a business item that is made by two or more companies. Joint Ventures is one of the modes of entry which requires a high level of risks because in joint ventures it needs to connect with more companies to connect with foreign market to increase the value and demand of the home currency. Simply this is shared ownership which has return and risks also.