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Strategies, Franchising/ Licensing (Advantage: Quick and simple to…
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Joint Ventures
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Advantage: Closer control over production, marketing, and other business operations.
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Exporting
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Advantage: It requires less investment; allows businesses to "try it out" on a small scale without a great investment.
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Advantage: Easiest, most cost effective strategy.
Wholly owned
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Disadvantage: This may take more time, as it is starting from scratch.