Post Utme Unn 2022 Commerce Question 5

Practice objective / multiple choice question 5 from the 2022 Post Utme Unn Commerce examination.

Post Utme Unn 2022 Commerce Objective / Multiple Choice
Question 5 POST_UTME_UNN • 2022 • COMMERCE • objective

A company is considering expanding its operations to a new country. The company's international business manager has identified two potential markets: Market X and Market Y. Market X has a larger market size, but Market Y has a more favorable business environment. Which of the following international business strategies would be most effective for targeting Market Y?

Answer Options

A. Exporting
B. Licensing
C. Franchising
Correct Answer D. Joint venture
Correct Answer
D
Correct Option:
Joint venture

About This Question

This is Post Utme Unn 2022 Commerce Question 5. It is one of the objective questions from the 2022 Post Utme Unn Commerce examination.

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