Describe four approaches a company can use to expand internationally and evaluate how technology fits into each those four approaches.

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Describe four approaches a company can use to expand internationally and evaluate how technology fits into each those four approaches. To do this, include the following:

A) Compare and contrast the four basic methods of internationalization: licensing, exporting, joint ventures, and wholly owned subsidiaries.

B) Evaluate how changes and advances in technology have served to drive the internationalization of business, including at least one example.

C) Discuss the pros and cons of each of the four methods in effecting technology transfer.

Please keep in mind that the discussion should differentiate technology transfers designed to globalize internal business processes from technology transfers designed to deliver end products and services to new markets.

A) Compare and contrast the four basic methods of internationalization: licensing, exporting, joint ventures, and wholly owned subsidiaries.

The stages of organization's evolution is first of all the organization will start exports of the goods and services because it involves low commitment of capital and in turn low risk and return. Export is the legitimate transportation of domestic or nationalized goods and services from a country intended for use or consumption rendered abroad. Exports can be any good that is shipped out of a government's border for commercial purposes.
Overall it involves low commitment of capital and in turn low risk and return. It is low risk, as it does not involve long-term capital investment in foreign location.

Then next step can be of joint venture or franchising/ licensing route. A joint venture (often abbreviated JV, and sometimes known by the older term joint adventure) is a strategic alliance between two or more parties to undertake economic activity together. The parties agree to create a new entity together by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise. The venture can be for one specific project only, or a continuing business relationship such as the Sony Ericsson joint venture. A joint venture is often seen as a very viable business ...