learning: business in a global economy\nquestion\n__________ refers to the process of entering foreign…
learning: business in a global economy\nquestion\n__________ refers to the process of entering foreign markets by selling domestically produced products in other countries.\nanswer\nexporting\nfranchising\nlicensing\nimporting\ni dont know yet
Answer
Brief Explanations:
Exporting is the act of selling domestically - produced goods in foreign markets. Franchising involves licensing a business model, licensing is about granting rights to use intellectual property, and importing is the opposite of exporting (bringing in goods from other countries).
Answer:
A. Exporting