Melamark LLC Has Customers on Four Continents

question 52

Multiple Choice

Melamark LLC has customers on four continents. It would like to increase its global presence as a supplier to its global customers. The most expensive option would be to ________.

• A) form a strategic alliance with an existing company in another country
• B) directly invest in a production facility in another country
• C) export from a single production plant
• D) license producers in several countries

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Definitions:

Retirement Contingency

A plan or preparation for potential variables or unforeseen events that may affect one's retirement.

Heirs

Heirs are individuals legally entitled to receive a portion or all of an estate upon the death of the estate's owner.

Business Incubators

Business incubators are organizations designed to support the successful development of entrepreneurial companies through an array of business support resources and services.

Small Businesses

Independent businesses with fewer employees and lower revenue compared to larger corporations.