Question

The strategic options for expansion into foreign markets include all of the following except Multiple Choice creating products and services that are not subject to tariffs and local regulations. maintaining a national (one-country) production base and exporting goods to foreign markets. licensing foreign firms to produce and distribute one's products. employing a franchising strategy. establishing a subsidiary in a foreign market.

Answer 1

Answer: All choices are correct

Step-by-step explanation:

The strategic options for expansion into foreign markets include

•Employing a franchising strategy would create room for expansion into foreign markets as most brands in the country will have their presence in other countries thereby creating a market presence and increasing revenue.

•Maintaining a national (one-country) production base and exporting goods to foreign markets. They emphasis on manufacturing and exporting cannot be overemphasized enough as it boosts a countries economy.

•licensing foreign firms to produce and distribute one's products. This gives foreign firms the ability to strengthen the nation's economy

•Establishing a subsidiary in a foreign market, making various branches in the foreign market will help the country gain relevance in the foreign market.