A Form of Exporting to Less-Developed Countries Is Called

question 160

Multiple Choice

A form of exporting to less-developed countries is called:

• A) licensing.
• B) franchising.
• C) greenfield venture.
• D) joint venture.
• E) countertrade.

Recognize the impact of economic deregulation on competition among carriers.

Explain modal selection and its key determinants in transport logistics.

Describe challenges specific to the trucking industry.

Understand the functionalities of transportation management systems (TMS) in carrier selection.

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Definitions:

Distinct Legal Entity

This term refers to a business structure that is recognized as separate from its owners, having its own rights and liabilities.

Corporation

A legal entity that is separate and distinct from its owners, recognized by law as having rights and liabilities.

General Partnership

A business structure where two or more individuals manage and operate a business in accordance with the terms and objectives set out in a partnership agreement.