Final answer:
To reduce the risk of political harassment in a new international market, Juliet will consider using joint ventures. This strategy includes partnering with a local company to share risks and gain insights into the political environment, offering a level of protection and local expertise.
Step-by-step explanation:
Juliet is concerned with the potential for political harassment when her company enters a new international market. To reduce the risk of political harassment, she will consider using joint ventures to enter the market. A joint venture involves partnering with local firms, which can offer numerous advantages such as shared risks, local market knowledge, and potentially more favorable treatment from the government compared to wholly foreign-owned enterprises.
It's important to note that other options like using externally produced products, a smaller investment base, foreign technology, or sole-proprietorships do not directly address the issue of political harassment. Joint ventures can provide a buffer or shield against political risks because the local partner may have better insights into the political landscape and how to navigate potential challenges.