Sera Pharma, a pharmaceutical company, produces medicines in its home country. It recently started selling its products to foreign companies to expand its business and enter new markets. Which of the following international business strategies does Sera Pharma use in the given scenario? Group of answer choices A strategic alliance   An acquisition strategy   Exporting   Licensing

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter6: International Management
Section: Chapter Questions
Problem 8CRQ: What is a global strategy? When do companies prefer a global strategy?
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Sera Pharma, a pharmaceutical company, produces medicines in its home country. It recently started selling its products to foreign companies to expand its business and enter new markets. Which of the following international business strategies does Sera Pharma use in the given scenario?
Group of answer choices
A strategic alliance
 
An acquisition strategy
 
Exporting
 
Licensing
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