The question is incomplete. The correct question is:
A domestic corporation considering expanding into international markets for the first time will typically
A. start off by implementing a wholly owned foreign subsidiary so it can maintain standards identical to those at home.
B. consider licensing or franchising its operations.
C.consider implementing a low risk/low control strategy such as exporting.
D. form a joint venture with a reputable foreign producer.
Answer : C. consider implementing a low risk/low control strategy such as exporting.
Explanation:
Implementing a low risk strategy such as exporting is one of the ways by which domestic corporation consider as they enter into the international market for the first time. A good export strategy requires several keys such as talent, energy, money, and time.
Understanding the fact that every market has its own unique preferences and regulations, and having foresight of each target market’s unique characteristics is important for a company wanting to enter that export market. Exporter must take into consideration products and services exported, customer, market competition, and regulations by customs.
