Question

NCD Company wants to expand into the LatinX market. It has the financial resources, wants to control business operations, and has had success marketing to this market in America. NCD will likely use ________ to expand. Group of answer choices franchising exporting a joint venture direct investment a strategic alliance

Answer 1

Direct Investment

Step-by-step explanation:

Direct investment is a technique of expanding into the foreign market in which an investor puts money into a business operating in another country designed in such a way to acquire controlling interest in the enterprise been invested in. It is a method used in controlling the interest of a business organization in another country different from yours. In direct investment, emphasis is laid on an organization from one country investing in another organization in a different country. Since NCD has financial resources and wants controlling interest in his expansion, direct investment is the way to go.