Vassar Systems Inc. wants to globally expand its market. It intends to ensure that its mode of foreign entry allows it to have strong control over its operations and protect its intellectual property, though that may mean investing a significant amount of capital and other resources. In this scenario, which of the following foreign entry modes would best suit Vassar Systems?

A. exporting
B. acquisition
C. licensing
D. franchise agreement


Answer: B

Business

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Business

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What will be an ideal response?

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Which of the following factors is an economic component of an organization's external environment?

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Business