Lack of Knowledge of Foreign Customs Has Led Most Canadian

question 118

Short Answer

Lack of knowledge of foreign customs has led most Canadian companies doing business in Japan to select this form of international organization. What is it?
Strategic alliances
Licensing arrangements
Independent agents
Direct investments
Branch offices

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Definitions:

Lifetime Value

The total net profit a company anticipates earning from a customer throughout the entirety of their relationship.

Cognitive Dissonance

A psychological state experienced when an individual holds conflicting thoughts, beliefs, or attitudes, especially regarding their behavior and attitudes.

100,000 Mile Club

A recognition or club for vehicles that have reached or exceeded 100,000 miles, highlighting durability and long-term usage.

Positive Experiences

Engagements or interactions that result in satisfaction, happiness, or other beneficial outcomes for individuals.