When looking at the modes of foreign-market entry, one could conclude that ______.
a. exporting might be the earliest stage of commitment because it allows the firm to test whether a foreign market is ready for its products
b. an early entry strategy is a greenfield venture because it requires the firm to invest heavily and allows for a high level of control
c. licensing or franchising should only be considered after many years of experience in the foreign market as the investment required is very high
d. a joint venture is a recommended early option even when joint ventures with local companies are not required by the host country
