Cisco Had No Presence in India Before 2005, but It

question 91

Multiple Choice

Cisco had no presence in India before 2005, but it used a ________ approach and already opened a second headquarters in Bangalore to take advantage of opportunities in India and other locations such as Dubai.

• A) direct investment
• B) joint venture
• C) contract manufacturing agreement
• D) licensing agreement
• E) franchising agreement

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Definitions:

Mere Belief

A conviction held without the support of evidence or rational justification.

Twenty-First Century

The current century, spanning from the year 2001 to 2100, characterized by rapid technological advancement and globalization.

Confined

Restricted in space or area; being in a situation that limits freedom of movement or action.

Herbert Simon

An American economist, political scientist, and cognitive psychologist known for his contributions to the theory of decision-making and problem-solving in organizations.