Which of the Following Is a Common First Step in Expanding

Which of the following is a common first step in expanding globally by using non-equity business approaches?

A) Creating a joint venture between two partners who share ownership and risk in the financial investment
B) Acquiring a controlling ownership interest in a business in another country
C) Merging two companies that offer similar products to create a new business entity
D) Importing and exporting goods and services to customers outside of the home country

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