What are the different forms of foreign presence and how to decide which form to be present in a foreign market?

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter6: International Management
Section6.3: The Globe Framework
Problem 1DQ: Discuss where the United States, Malaysia, and China stand on Hofstedes cultural dimensions.
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Q: What are the different forms of foreign presence and how to decide which form to be present in a foreign market?

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Introduction

Organization means the act of arranging things in a logical order or the act of taking an approach, which is efficient and orderly, to tasks, or a formal group of people.

Different forms of foreign presence
  • Multinational/International/Foreign Buyer
  • Distributor/Agent
  • Licensee and Franchisee
  • Contract Manufacturing
  • Foreign Correspondence/Associate
  • Joint Venture and Foreign Affiliate
  • Foreign Subsidiary
  • Foreign Branch
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