difference between equity and non equity entry modes
Foreign market entry modes There are two major types of market entry modes: equity and non-equity modes. The non-equity modes category includes export and contractual agreements.[2] The equity modes category includes: joint venture and wholly owned subsidiaries.[3]
Earnings before interest and taxes In accounting and finance, earnings before interest and taxes (EBIT), is a measure of a firm's profit that includes all expenses except interest and income tax expenses.[1] It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, operating income is sometimes used as a synonym for EBIT and operating profit.[2]