Foreign operation mode combinations for an international company operating in a host country

Critically discuss foreign operation mode combinations for an international company operating in a host country within the same value chain, and same customer segment. The company is seeking a medium to high level of control and at the same time wants to minimise their costs as well as exposure (risk). Be sure to state any assumptions you are making and support your answer with course concepts, as well as illustrate your answer with example(s).