Rather Than Build a New Facility in Canada Where It

question 69

Multiple Choice

Rather than build a new facility in Canada where it wants to make a presence, Denver-based Mountain Man Gear decides to purchase Canada Goose Gear based in Toronto. This purchase allows Mountain Man Gear to establish a bigger presence much faster than exporting their products to Canadian customers. What mode of entry did Mountain Man Gear use?

• A) turnkey project
• B) licensing
• C) wholly owned subsidiary
• D) acquisition
• E) franchising

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Definitions:

Milieu Therapy

A form of psychotherapy that involves the use of therapeutic communities where the environment is structured to effect positive change in the individual’s behavior and coping mechanisms.

Social Breakdown Syndrome

Social Breakdown Syndrome is a concept that describes the disintegration of social structures and norms, leading to the decline in the ability of society to function or maintain order.

Milieu Therapy

A form of psychotherapy that involves the use of the therapeutic community, including the social environment, staff, and policies, to affect change in individuals.

Self-Respect

The regard for one's own well-being and dignity, often seen as a critical aspect of mental health and personal development.