An MNC Uses Which International Strategy for Entering a Foreign

question 101

Multiple Choice

An MNC uses which international strategy for entering a foreign market by purchasing another company already operating in the area developing synergistic benefits gained from acquiring strong complementary product lines and a good distribution network?

• A) licensing
• B) joint ventures
• C) production sharing
• D) exporting
• E) acquisitions

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Definitions:

Marginal Tax Rate

The percentage of tax applied to your next dollar of income, indicating the rate at which your last dollar earned is taxed.

Local Property Tax

Local Property Tax is a levy on the value of a property, typically imposed by local government authorities to fund public services.

Payroll Tax

Taxes imposed on employers and employees, typically calculated as a percentage of the salaries that employers pay their staff.

Average Tax Rate

The proportion of total income that is paid in taxes, calculated by dividing the total amount of taxes paid by the total income.