Which of the Following Is a Popular Way to Enter

question 9

Multiple Choice

Which of the following is a popular way to enter into international service markets?

• A) Direct exports
• B) Foreign direct investments
• C) Franchising
• D) Indirect exports

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Definitions:

Transmission

The process of conveying or sending power, energy, or information from one place to another, often referring to mechanisms in vehicles or communication devices.

Mirror Image Rule

A common law rule that requires that the terms of the offeree’s acceptance adhere exactly to the terms of the offeror’s offer for a valid contract to be formed.

Acceptance

The action of consenting to receive or undertake something offered.

Offer

A proposal presented by one party to another as the basis for a contract, requiring acceptance to become legally binding.