Kodak Focuses on Developing Photo Editing Software, and the Firm

question 43

Multiple Choice

Kodak focuses on developing photo editing software, and the firm has agreements with a Chinese manufacturer to assemble most Kodak cameras. Which entry mode for international business is used by Kodak?

• A) management contracting
• B) international franchising
• C) contract manufacturing
• D) international licensing

---

Definitions:

Good Faith

A sincere intention to deal fairly with others without any intention to deceive or commit fraud.

Coinsurance Clause

A provision in an insurance policy requiring the policyholder to bear a portion of the costs of a claim, reducing the insurer’s risk.

Fire Insurance Policy

A contract that provides compensation for damage or loss of property due to fire.

Recover

To regain or obtain compensation or restitution through legal means, often after a loss or injury.