MNCs Often Partner with Local SMEs in Order to ________

question 66

Multiple Choice

MNCs often partner with local SMEs in order to ________.

• A)capture new innovations and ideas
• B)reduce the potential risks of the company
• C)ensure international expansion
• D)maximize the autonomy of the partners

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Definitions:

No Arrival, No Sale

A contractual clause that voids a sale if the goods do not arrive at their destination, protecting buyers in international trade.

Shipment Contract

A shipment contract is an agreement where the seller is obligated to send goods to a designated location, but the risk of loss passes to the buyer once the seller gives the goods to a carrier.

Temperament

The inherent part of an individual's personality, including mood, disposition, and reactions, often evident from early infancy.

Intelligence

The ability to acquire knowledge, think abstractly, and solve problems effectively.