After Exporting, the Next Level of Commitment a Firm Can

question 55

Multiple Choice

After exporting, the next level of commitment a firm can make to a foreign market is a contractual agreement. Two of the most common types of such agreements are ________.

• A) contract manufacturing and contract marketing
• B) contract manufacturing and strategic alliances
• C) joint ventures and franchising
• D) warehousing and financing
• E) licensing and franchising

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Definitions:

Counselors

Professionals trained to offer guidance, support, and psychological help to individuals or groups, often specializing in areas like mental health, addiction, or educational guidance.

Substance Abuse

The dangerous or risky consumption of mind-altering substances, including alcohol and unauthorized drugs.

Domestic Violence

is a pattern of behavior in any relationship used to gain or maintain power and control over an intimate partner.

Cause and Effect

A relationship in which one event (the cause) makes another event happen (the effect).