Question

When adopting strategies for entering a new market, many firms follow a(n) approach that morphs and becomes ______ over time.

Answer 1

Usually, many firms follow an approach that morphs and becomes more risky over time when adopting strategies for entering a new market.

What are the strategy?

Some strategy that can be used when people wishes to enter the market includes structured exporting, licensing & franchising, direct investment, buying a business etc

In conclusion, many of these firms follow an approach that morphs and becomes more risky over time when adopting strategies for entering a new market.

Read more about entry strategy

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