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Its alternatives, franchising and joint venturing, will also be looked at briefly.
The third section will touch upon the conclusion. It has been concluded that exporting is an important process and paves way for other forms of internalization.
The Global Marketplace
Over the past decade, the global phenomenon of expanding businesses internationally has grown to an astounding rate. Whether or not a company wants to participate directly in international business, it cannot escape the effects of the ever increasing number of firms involved in exporting, importing and manufacturing abroad. Today, it can be said that most business activities are global in scope...
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