What Is the Term Used When a Company Lets a Foreign

question 29

Multiple Choice

What is the term used when a company lets a foreign firm make and/or distribute its products in a local market?

• A) Exporting
• B) Licensing
• C) Direct investment
• D) Joint venture
• E) Strategic alliance

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Definitions:

Adenine

One of the four nucleobase molecules in the nucleic acids of DNA and RNA, paired with thymine in DNA and uracil in RNA.

Rod-Shaped

Describes an object or organism having a long, narrow, cylindrical form, similar to a rod or stick.

Paired Structures

Structures in biology, architecture, or other fields that occur or function in pairs, often symmetrically.

Chromosomes

Thread-like structures located inside the nucleus of animal and plant cells, made of protein and a single molecule of deoxyribonucleic acid (DNA).