In Relation to International Marketing, Which of the Following Best

question 33

Multiple Choice

In relation to international marketing, which of the following best describes direct ownership?

• A) A company owns its own manufacturing facilities.
• B) A company forms an alliance with a similar company in a foreign country.
• C) Foreign companies contract with manufacturers in other countries.
• D) A company owns subsidiaries or facilities in foreign countries.
• E) Two companies from different nations have interests in each other's facilities.

---

Definitions:

Delegable Duties

Delegable Duties are responsibilities or tasks that can be transferred or assigned from one party to another, typically in a work or contract context.

Uniform Commercial Code

A comprehensive set of laws governing commercial transactions in the United States, aiming to harmonize the law of sales and other commercial transactions across state lines.

Public Policy

Principles and standards regarded by the legislature or by courts as being of fundamental concern to the state and the whole of society.

Original Obligor

The original party responsible for repaying a debt or fulfilling an obligation under the terms of a contract.