Strategic Marketing Question: Download Questions PDF
Hormel Foods Corporation in the USA allows the Danish company Tulip International to produce and market SPAM for the UK market under its own name. What kind of market entry strategy is Hormel using?
Answer:
1. Contracting
2. Licensing
3. Joint venturing
4. Franchising
Answer: Franchising
2. Licensing
3. Joint venturing
4. Franchising
Answer: Franchising
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