Bob's Barbecue Has Expanded Its Operations to Include Several Foreign

question 16

Multiple Choice

Bob's Barbecue has expanded its operations to include several foreign countries. Bob has given individuals or organizations in those countries exclusive rights to market Bob's products. He has shared his secret recipe and trade secrets on how to produce the products. In return for this, Bob will receive a percentage of the revenues generated in each of the countries. Bob's arrangements are best described as a(n)

• A) licensing arrangement.
• B) independent agent.
• C) strategic alliance.
• D) direct investment.
• E) branch office.

---

Definitions:

Saturated Fatty Acid

A type of fatty acid with no double bonds between carbon atoms, leading to a fully "saturated" molecule with hydrogen.

Catalytic Hydrogenation

A chemical reaction that involves the addition of hydrogen to a compound, typically in the presence of a catalyst.

Unsaturated Fatty Acid

Fatty acids with one or more double bonds in their hydrocarbon chain, essential in the human diet.

Adipic Acid

An industrially significant dicarboxylic acid, used primarily in the production of nylon and other polymers.