One of the Most Popular Entry Modes in the International

question 45

Multiple Choice

One of the most popular entry modes in the international marketplace for service firms is:

• A)licensing.
• B)franchising.
• C)cooperative exporting.
• D)direct exporting.
• E)indirect exporting.

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Definitions:

Identification

the act of determining or verifying the identity of a person or object, often through documents like ID cards or digital means.

Shipped

Refers to goods that have been transported from one location to another, usually through the use of a carrier or logistical service.

Specific Goods

Goods that are identified and agreed upon at the time a contract of sale is made.

F.O.B. New York

A shipping term indicating that the seller must deliver goods on board a vessel at the port of New York, with the buyer being responsible for freight and insurance.