Asked by Amanda Swaney on Jul 12, 2024

verifed

Verified

Loen Handicrafts is a company that has entered the international market through exporting. It wants to use the entry tactic of making. Which of the following is most likely true in the given scenario?

A) Loen Handicrafts purchases sales and marketing channels.
B) Loen Handicrafts enters into a joint venture with a partner.
C) Loen Handicrafts establishes its own sales and distribution.
D) Loen Handicrafts begins a greenfield operation.

Greenfield Operation

A project where a company builds its operations in a foreign country from the ground up, typically in an area where no previous facilities exist.

Exporting

The process of selling goods or services produced in one country to buyers in another country.

  • Learn about the various strategies for entering foreign markets and the factors that guide the selection of these strategies.
  • Distinguish between different internationalization entry tactics including "make," "buy," "ally," and others.
verifed

Verified Answer

KC
Keenan ConatyJul 15, 2024
Final Answer :
C
Explanation :
The tactic of "making" in international market entry typically involves a company establishing its own operations in the target market, such as setting up its own sales and distribution channels, rather than relying on partners or acquisitions. This allows the company to have full control over its operations and brand representation in the new market.