An MNC wants to invest in India. Of the following entry modes, select the right order in terms of increasing risk.
(a) Co-operative joint venture
(b) Branch office
(c) Portfolio investment
(d) Wholly-owned subsidiary
(e) Equity joint venture
Select the correct option:
1
(d), (c), (e), (a) and (b)
2
(b), (a), (e), (c) and (d)
3
(a), (b), (e), (d) and (c)
4
(c), (a), (e), (b) and (d)