Through ________, a Local Firm Purchases the Right to Use

question 49

Multiple Choice

Through ________, a local firm purchases the right to use a company's processes and brands in a service business.

• A) indirect exporting
• B) contract manufacturing
• C) joint ownership
• D) franchising
• E) direct investment

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Definitions:

Unconscious Information Processing

The handling and reaction to information by the mind without conscious awareness, influencing thoughts and behaviors.

Solving New Problems

The process of identifying solutions or answers when encountering unfamiliar situations or challenges.

Consciousness

Our awareness of ourselves and our environment.

Cognition

All the mental activities associated with thinking, knowing, remembering, and communicating.