Editing Export (section)

== Firms ==
For any firm, Global expansion strategies may include:

* Franchising,
* [[Turnkey|Turn Key Project]],
* Export,
* Joint Venture,
* Licensing,
* Creating an owned subsidiary,
* Acquisition,
* Merger, etc.

Exporting is mostly a strategy used by product based companies. Many [[manufacturing]] firms begin their global expansion as exporters and only later switch to another mode for serving a foreign market.<ref name="washington">{{cite book|last1=Washington|first1=Charles W. L. Hill, University of|title=International business : competing in the global. Most developing economies now focus on exportation.marketplace|date=2015|isbn=978-0-07-811277-5|page=454|publisher=McGraw-Hill Education |edition=Tenth}}</ref>