Miller Fabrics Wants to Minimize Its Risk When Entering the Asian

question 51

Multiple Choice

Miller Fabrics wants to minimize its risk when entering the Asian market. What strategy should the company use to have the least risk?

• A)exporting
• B)franchising
• C)a strategic alliance
• D)a joint venture
• E)direct investment

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Definitions:

Puritan Communities

Religious settlements primarily in colonial America, established by Puritans who sought to live and govern according to their strict religious beliefs.

Colony Leaders

Individuals who played significant roles in the administration, settlement, and governance of colonies, especially during periods of exploration and colonization.

John Winthrop

A prominent Puritan leader and the first governor of the Massachusetts Bay Colony, remembered for his vision of the colony as a "city upon a hill," emphasizing a society governed by religious principles.

Civil Liberty

The rights of citizens to freedom of speech, privacy, and fair treatment under law, as protected by the constitution and other legal provisions.