Answer: All choices are correct
Explanation:
The strategic options for expansion into foreign markets include
•Employing a franchising strategy would create room for expansion into foreign markets as most brands in the country will have their presence in other countries thereby creating a market presence and increasing revenue.
•Maintaining a national (one-country) production base and exporting goods to foreign markets. They emphasis on manufacturing and exporting cannot be overemphasized enough as it boosts a countries economy.
•licensing foreign firms to produce and distribute one's products. This gives foreign firms the ability to strengthen the nation's economy
•Establishing a subsidiary in a foreign market, making various branches in the foreign market will help the country gain relevance in the foreign market.
