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17 July, 18:44

A French cooperative called Sodima allows General Mills to sell Yoplait in the United States in return for a fee, a global market entry strategy known as what?

1. direct investment

2. indirect exporting

3. joint venture

4. licensing

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  1. 17 July, 19:05
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    The answer is 4. licensing

    Explanation:

    Licensing is a agreement in which a business allows a foreign firm to produce its goods or services or use its brand or design or use it patent for a fee. It is a marketing strategy.

    In this question, Sodima (a French company) produces Yoplait. Sodima allows General Mills (in United States) to sell its Yoplait in the United States for a fee.

    It is known as licensing.
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