Figure 6-4 -According to Figure 6-4, Point D Would Most Likely Represent

question 141

Multiple Choice

Figure 6-4
-According to Figure 6-4, point D would most likely represent what option for entering the global marketplace?

• A) exporting
• B) joint venture
• C) direct investment
• D) franchising
• E) licensing

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Definitions:

Employment Contract

A legally binding agreement between an employer and an employee that outlines the terms and conditions of employment.

Fourfold Test

A test for employment based upon ownership of tools, control, chance of profit, and risk of loss.

Risk of Profit

The possibility of encountering losses or gains in financial investments due to market fluctuations.

Control

The power or authority to manage, direct, or govern individuals, organizations, or systems.