Significant Business Develops in Spain for Graphic Comix, Inc

question 28

Multiple Choice

Significant business develops in Spain for Graphic Comix, Inc., a U.S. firm. Graphic Comix appoints Comicas Graphico, Ltd., a Spanish firm, to act as Graphic Comix's marketing representative in Spain. This is

• A) ​a joint venture.
• B) ​franchising.
• C) ​indirect exporting.
• D) ​licensing.

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Definitions:

Crop Yields

The quantity of a crop that is harvested per unit of land area.

Growing Season

The period of the year during which climatic conditions are suitable for plants to grow.

Traditional Thinking

A mindset adhering to long-established beliefs, values, and practices, often resistant to change.

Parade

A public procession, often celebratory in nature, featuring marching bands, floats, and participants, organized for cultural, religious, or social events.