C. market growth
D. product line
E. mission statement
Which of the following best describes the direct investment global entry strategy?
A. With direct investment, a firm maintains total ownership of its plants, operation
facilities, and offices in a foreign country.
B. Direct investment occurs when a firm enters a new market by pooling its resources
with those of a local firm to form a new company in which ownership, control, and
profits are shared.
C. Direct investment refers to depositing payroll funds in a foreign bank.
D. Direct investment designates the maximum quantity of a product that may be
brought into a country during a specified time period.
E. Direct investment occurs when a producer sells its offering in a foreign market at a
price less than its production cost.