Examlex
Derrido is an American firm that has produced several successful animated TV series in the United States. It is considering contracting with one or more international companies as a way to market its products overseas.
Derrido's chief financial officer thinks that the company should enter into a contractual agreement because it will give Derrido an immediate and steady stream of revenue. Which of the following, if true, would strengthen this argument?
Contractual relationships with foreign companies usually involve many rounds of negotiations.
Contractual relationships are less expensive to enter into than direct investment.
Compared to direct investment, contractual relationships make business less subject to unpredictable changes.
Compared to other forms of entry into international markets, contractual relationships tend to be risky.
Foreign companies in contractual relationships may behave unpredictably at future points in time.
Labor Force
The total number of people who are available to work, including both employed and unemployed individuals actively seeking employment.
Developed Countries
Nations with generally advanced technological infrastructure, high levels of income, and comprehensive social support systems.
Extreme Hunger
Severe deficiency in caloric intake or the extreme lack of food leading to acute malnutrition.
United Nations
An international organization founded in 1945 to promote peace, security, and cooperation among countries worldwide.
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