Choosing Right Market Entry Mode Crucial for Global Firm Success
Choosing the right way to enter foreign markets is crucial for global companies. The environment of the host country plays a big role in this decision. A new study suggests that Chinese firms should consider factors like uncertainty and risk when deciding how to enter developing or developed countries. Picking the right entry mode can help firms avoid costly mistakes and increase their chances of success. This framework could help other global companies make smarter market entry choices in the future.