Which of the Following Is a Contractual Entry Mode

question 25

Multiple Choice

Which of the following is a contractual entry mode?

• A) wholly owned subsidiaries
• B) licensing
• C) joint ventures
• D) exporting

Recognize the impact of digital tools and market conditions on pricing decisions.

Describe the regulatory and ethical considerations in pricing.

Identify the tactics used for competitive pricing and market positioning.

Explain the role of price elasticity in decision-making processes.

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Definitions:

Apparent Authority

Apparent authority refers to a situation where a third party reasonably believes that an agent has the authority to act on behalf of another (the principal), even if such authority has not been explicitly or implicitly granted.

Silent Partners

Investors in a partnership who contribute capital but do not take part in the management and are not known to the public.

Duty to Serve

An obligation to provide service, often seen within certain professions or regulated industries.

Day-to-Day Operations

The routine activities necessary for the functional and efficient conduct of a business or organization.