Think Ink Is a Growing Company That Sells a Variety

question 134

Multiple Choice

Think Ink is a growing company that sells a variety of inks for home and business printers. Management at Think Ink has decided to open a sales branch overseas to handle sales and distribution abroad. Think Ink is engaging in ________.

• A) indirect exporting
• B) direct exporting
• C) licensing
• D) joint ownership
• E) management contracting

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Definitions:

Frictional Unemployment

A form of unemployment that occurs when people are between jobs or within the workforce for a short period, often due to transitions or searching for a job that better matches their skills.

Structural Unemployment

A form of unemployment caused by a mismatch between the skills held by the unemployed population and the skills demanded by the prevailing job market.

Cyclical Unemployment

Unemployment that rises during economic downturns and falls when the economy improves, linked to business cycles.

Frictional Unemployment

Unemployment that occurs when people are between jobs or are entering the labor market for the first time.