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1. Why do you think Blockbuster has used various operating forms (company-owned operations, joint ventures, and franchises) for the different foreign markets it has entered? Blockbuster used various operating forms such as company-owned operations; joint ventures, and franchises for their different foreign markets. The operation they used depends upon the place they entered. They need to use strategy that applies to that certain country. Like for example, in the British market, the operating form they used was the company owned operation. This is because franchising was not yet developed in the United Kingdom video store market. While in Japan, the company planned to expand in this country through franchising its outlets and expected to have a thousand store by the year 2000. This is because of several conditions such as: Firs