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.

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Definitions:

Store

A retail establishment where goods and services are sold to consumers.

Money

A medium of exchange that allows people to purchase goods and services; it serves as a unit of account, a store of value, and a standard of deferred payment.

Marketing Concept

Companywide consumer orientation to promote long-run success.

Big Data

Large volumes of data that can be analyzed computationally to reveal patterns, trends, and associations, especially relating to human behavior and interactions.