Which of the following modes of entry is suitable for service firms wh

QUESTION

Which of the following modes of entry is suitable for service firms where the risk of losing control over the management skills or technological know-how is not much of a concern, and where the firms’ valuable asset is their brand name?

A. Exporting

B. Franchising

C. Licensing

D. Turnkey projects

E. Cross-licensing

 

ANSWER

B

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