Q.Mention any two modes of entry into international business.

This question only asks for two valid examples from the recognised list of entry modes, without needing an explanation of each. …

A firm can enter international business through several modes, including exporting (selling goods produced at home into a foreign market), licensing (permitting a foreign firm to use a brand, patent, or technology for a royalty), franchising (granting the right to use a complete business format for a fee), joint ventures (jointly owning a new foreign business entity with a local partner), and wholly owned subsidiaries (fully owning a produ …

Students sometimes name a form of business organisation (like partnership or company) instead of a genuine mode of ENTERING international business — make sure the two examples given are …