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
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
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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