An MNC Uses Which International Strategy for Entering a Foreign

question 98

Multiple Choice

An MNC uses which international strategy for entering a foreign market by associating itself with a firm in the host country or a government agency in that country to combine resources and expertise needed for the development of a new product or technologies?

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

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Definitions:

Merchandise Inventory

Goods a company holds for the purpose of sale to customers.

Unearned Rent

Unearned Rent is a liability representing rent payments received in advance for which the services have yet to be rendered or the occupancy period has not yet occurred.

Rental Income

Revenue received from leasing property or other assets to tenants.

Advance

A payment made before it is due or for goods and services yet to be received.