Final answer:
TickTock Inc. is involved in exporting, as they produce watches in the U.S. and sell them in Brazil, rather than outsourcing, licensing, using a greenfield investment or franchising.
Step-by-step explanation:
TickTock Inc., an American watchmaker that makes custom watches in California and ships them to Brazil for sale, is involved in exporting. Exporting refers to the process of sending goods or services to another country for sale. As they are a U.S. company selling their products overseas, they are not outsourcing, which involves obtaining goods or services from an outside supplier, often from another country, nor are they licensing, which is granting permission to a company in another country to manufacture and sell products using the original company's trademark, patent, or technology.
TickTock Inc. is also not using a greenfield investment, which refers to investing in and owning a foreign operation starting from the ground up. Finally, they are not franchising, which would involve granting another business in Brazil the right to operate using TickTock Inc.'s branding and business model.