To Avoid Transportation Costs and Tariffs,Apics Enterprises Gave Exclusive Rights

question 74

Multiple Choice

To avoid transportation costs and tariffs,Apics Enterprises gave exclusive rights to Svenson AB in Finland to produce its product.What is this an example of?

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

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Definitions:

Behaviorism

A theory of learning based on the idea that all behaviors are acquired through conditioning, emphasizing the importance of observable actions over internal processes.

Blindsight

A phenomenon in which people who are perceptually blind in a certain area of their visual field demonstrate some response to visual stimuli.

Selective Attention

The cognitive process of focusing on a specific aspect of the environment while ignoring other perceivable information.

Change Blindness

A phenomenon where an observer does not notice significant changes in a visual scene, indicating limitations in attention and perception.