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exporting, management contracting, joint venturing

Compare and contrast exporting, management contracting and joint venturing as approaches to international market entry. If you wanted to expand your successful solar panel business to Mexico which approach would you use, and why?

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The response addresses the queries posted in 589 words with references.

//This paper explains the mode of entries in foreign market in order to suggest an appropriate strategy for a solar panel business to Mexico. This paper takes three modes of entries into consideration namely, exporting, management contracting and joint venturing along with its advantages and disadvantages with regard to internationalization. //

Globalization has become a natural phenomenon and has brought a number of opportunities for the firm across the globe. The expansion of business in international market not only creates revenue for the firm but it also helps in survival and success of the firm in long term through developing a new market. Once a company decides to go for international business, the second most important question that comes as an issue is the determination of entry mode into foreign country.

//The section of this paper focuses at explaining the concept of exporting as a ...

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The response addresses the queries posted in 589 words with references.

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