_____ Can Be Best Defined as the Sharing of the Costs

question 69

Multiple Choice

_____ can be best defined as the sharing of the costs and operations of a business between a foreign company and a local partner.

• A)Exporting
• B)Licensing
• C)A direct investment
• D)Contract manufacturing
• E)A joint venture

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Definitions:

Egocentric

Having or regarding the self or the individual as the center of all things.

Stereotypical

Relating to a widely held but fixed and oversimplified image or idea of a particular type of person or thing.

Mnemonic Device

A tool or strategy used to improve memory by making information easier to remember.

Acronym

An abbreviation formed from the initial letters of other words and pronounced as a word.