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Understanding the Market — Entrepreneurship STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipUnderstanding the Market1 Mark
Question
How can a firm enter foreign market?
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Answer

A firm can enter foreign market through:
  1. Indirect Export,
  2. Direct Export,
  3. Licensing,
  4. Contract Manufacturing;
  5. Joint Ventures,
  6. Direct Investment.

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