Because this type of international business creates jobs locally, governments often support these endeavors.
a) green field ventures
b) importing
c) licensing
d) exporting
e) franchising
Answer: D
Learn More :
Management
- The Foreign Corrupt Practices Act prevents U.S. firms from:
- _____ involves illegal practices to protect one's own business.
- The biggest difference between an international business and a transnational business is that the transnational business tries to operate _________________.
- __ is the application of tariffs and special treatment for local firms from foreign competition.
- A trading partner that receives the most favorable treatment for imports and exports is said to have ___________ status.
- A joint venture is a form of ____________ in which each partner invests in and accepts the risks and rewards of the venture.
- Better Boots Inc. wishes to market their products in the Far East but, although better boots has the design and manufacturing capability, the company lacks the distribution channels and knowledge of the Far East cultures necessary to marketing their products. Bill Somebody, president of Better Boots, has decided to form a partnership with Far East Boots, an Asian company. Far East boots will provide the marketing know how that Better Boots lacks. The company will be jointly owned and independently operated. Better Boots is forming a ____________ with Far East Boots.
- McDonald's has outlets in Japan. McDonald's provides the Japanese operation with the rights to use McDonald's name, material and processes but the operation is owned and managed by Japanese. The Japanese operation would be considered a ____________.
- Purchasing the rights to make or sell another company's products is called ______________.
- A business that conducts commercial transactions across national boundaries is called a/an ________ business.
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.