While Lewis Fabrication has decided to begin operations on a global scale, it realizes there is still much to learn. One of the fundamental things it must have knowledge on is the manner in which it can begin operations globally. Which one of the following would not be considered choice for starting international business operations for this company? * O Begin as an export-import business License a foreign business partner to produce and sell the company's products Open wholly owned subsidiaries of the company in the Midwest Sell franchises of the business to foreign buyers Form a strategic alliance with a foreign firm

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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While Lewis Fabrication has decided to begin operations on a global scale,
it realizes there is still much to learn. One of the fundamental things it
must have knowledge on is the manner in which it can begin operations
globally. Which one of the following would not be considered choice for
starting international business operations for this company? *
Begin as an export-import business
License a foreign business partner to produce and sell the company's products
Open wholly owned subsidiaries of the company in the Midwest
Sell franchises of the business to foreign buyers
Form a strategic alliance with a foreign firm
Transcribed Image Text:While Lewis Fabrication has decided to begin operations on a global scale, it realizes there is still much to learn. One of the fundamental things it must have knowledge on is the manner in which it can begin operations globally. Which one of the following would not be considered choice for starting international business operations for this company? * Begin as an export-import business License a foreign business partner to produce and sell the company's products Open wholly owned subsidiaries of the company in the Midwest Sell franchises of the business to foreign buyers Form a strategic alliance with a foreign firm
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