Valid strategy option for entering in foreign market

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Which of the following is/are not "valid" strategy options for entering and/or competing in foreign markets?

1- A franchising strategy and a strategy of licensing foreign firms to use the company's technology or to produce and distribute the company's products.

2- A localized multi- domestic strategy.

3- A global strategy where a company uses essentially the same competitive strategy approach in all country markets where it has a presence.

4- An export strategy and using strategic alliances or joint ventures with foreign companies as the primary vehicle for entering foreign markets.

5-An import strategy, a strategic alliance strategy, a profit sanctuary strategy, and a cross-market subsidization strategy.

Reference no: EM13832706

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