Match the Following Numbered Items with the Most Accurate Response

question 1

Multiple Choice

Match the following numbered items with the most accurate response letter, regarding the advantages of approaches to internationalization.
A response may be used once, more than once, or not at all.
-Small cash outlay

• A)Importing or exporting
• B)Licensing
• C)Strategic alliances
• D)Direct Investment

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Definitions:

Tragedy of the Commons

A situation in a shared-resource system where individual users acting independently according to their own self-interest behave contrary to the common good of all users by depleting or spoiling that resource.

Public Goods Dilemma

A situation in which the consumption of a good by one individual does not reduce its availability to others, leading to potential overuse or depletion.

Fads

Interests or practices followed enthusiastically for a relatively short period of time.

Fashion

The widespread custom or style of behavior and appearance at a particular time or in a particular place.