A Form of Low-Risk and Capital-Free Entry into International Markets

question 36

Multiple Choice

A form of low-risk and capital-free entry into international markets that includes local manufacturing is referred to as

• A) indirect exporting.
• B) direct ownership.
• C) joint ventures.
• D) licensing.
• E) direct exporting.

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Definitions:

Ethical Standpoint

A perspective or approach to decision-making that considers moral principles and values.

Quarterly Profit Statement

A financial report issued by a company every three months that provides information about its revenue, expenses, and net profit during the quarter.

Long-Term Needs

Describes requirements or desires that are projected over an extended period, often associated with strategic planning and goals.

Publicity Test

The publicity test is an ethical guideline suggesting that an individual or company should only engage in actions that they would not be embarrassed or concerned about if these actions became public knowledge.