Canon Car Mirrors Is Considering Using a Licensee for the Thai

question 23

Multiple Choice

Canon Car Mirrors is considering using a licensee for the Thai market.Which of the following facts is not a good reason for Cannon to license in Thailand?

• A)Canon does not want to commit any time or resources to the Thai market.
• B)Thailand will never be a major market for Canon.
• C)Canon does not have much money to invest in the Thai market.
• D)Thailand is more politically risky than Canon's other markets.

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Definitions:

Cash Received

The amount of money taken in by a business during a particular period, including transactions in cash and equivalents.

Calendar Year

A one-year period that begins on January 1 and ends on December 31, used for most general and financial purposes.

Fiscal Year

A 12-month period that a company or government uses for accounting purposes and preparing financial statements.

Cash Basis

An accounting method where revenues and expenses are recorded when they are actually received or paid, not when they are incurred.