They have many potential Entry Modes at their disposal.
Foreign market entrance modes in international trade are the methods through which a corporation can expand its services into a non-domestic market.
Market entrance options are classified into two types: equity and non-equity. Export and commercial agreements are examples of non-equity mechanisms. Joint ventures and totally owned subsidiaries are examples of equity models. Different entrance mechanisms differ in three key ways:
Therefore, Companies like my gym, which seek to do business in new markets for manufacturing and/or marketing purposes, have many potential Entry Modes at their disposal.
For more information on Entry Modes, refer to the given link:
https://brainly.com/question/17232113
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