If a company is experiencing increasing pressures for cost reduction for its products, it should consider the following course of action:

a. sell licenses to produce the products internationally.
b. explore opportunities for exporting or create a wholly-owned subsidiary within a country.
c. establish a joint venture with a foreign company.
d. pursue a franchising model for the company.


b. explore opportunities for exporting or create a wholly-owned subsidiary within a country.

Business

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