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Essay text:
Because different types of companies have different priorities when they expand into global markets, it is important to choose an appropriate method of internationalization. The purpose of this paper is to discuss the benefits and challenges associated with four basic methods of internationalization and to compare and contrast the methods. Finally, this paper will evaluate how changes and advances in technology have served to drive the internationalization of business.
Methods of Internationalization
The four basic methods of internationalization, licensing, exporting, joint ventures, and wholly owned subsidiaries each have their own benefits and challenges...
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