Match the Term with Its Definition

question 55

Multiple Choice

Match the term with its definition.
-Per-unit savings gained from the repeated production of the same product

• A)economic risk
• B)experience curve efficiencies
• C)foreign licensing
• D)international franchising
• E)international outsourcing
• F)international strategic alliance
• G)learning effects
• H)licensee
• I)licensor

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Definitions:

Legislation

Laws and regulations enacted by a government or legislative body.

Cause Of Action

A set of factual circumstances that give someone the right to seek a legal remedy through the court system.

Province

A territorial unit of a country, often with its own government, that is administratively at a level below the national government.

Defendant Resides

Relates to the legal jurisdiction and location where a defendant (the party being sued) lives or has their primary residence.