Under A(n)_____ Between a U.S

question 36

Multiple Choice

Under a(n) _____ between a U.S.
based company and a foreign company,in return for the right to use the parent company's brand name and sell its goods and services,the foreign company is required to adhere to an established business model.

• A)international franchising agreement
• B)international licensing agreement
• C)strategic alliance
• D)outsourcing contract

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Definitions:

Cost-benefit Relationship

An analysis or assessment that compares the costs and benefits of a decision, project, or action to determine its feasibility or worth.

Least Expensive

The option or solution with the lowest cost among a selection of alternatives.

Edisonian Method

A trial-and-error approach to innovation and problem-solving, inspired by Thomas Edison's experimental practices.

Attribute Listing

A problem-solving technique that involves breaking down a system, issue, or object into its basic attributes and analyzing each to explore possible solutions.