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Multiple Choice
Many companies first get involved internationally by:
A
exporting their products to foreign markets
B
acquiring foreign companies
C
establishing manufacturing plants abroad
D
forming joint ventures with foreign firms
Verified step by step guidance
1
Understand the context of the question: it asks about the typical initial method companies use to enter international markets.
Recall that companies often start international involvement with the least resource-intensive and least risky option.
Consider the options: exporting products, acquiring foreign companies, establishing manufacturing plants abroad, and forming joint ventures.
Recognize that exporting products involves selling goods produced domestically to foreign markets, which requires less investment and risk compared to other options.
Conclude that exporting products is usually the first step companies take when entering international markets before moving on to more complex strategies.