Choosing the right market entry strategy depends on the business goals, resources, and market conditions. Common modes include:
Exporting: Selling goods or services to foreign markets without a physical presence. Licensing and Franchising: Allowing a foreign entity to produce or sell your products under your brand name. Joint Ventures: Partnering with a local business to share risks and resources. Wholly-Owned Subsidiaries: Establishing a fully-owned company in the target market.