Which of the Following Forms of Organizing a Global Business

question 5

Multiple Choice

Which of the following forms of organizing a global business help companies to avoid tariff and nontariff barriers to entry of a given foreign market?

• A) licensing
• B) franchising
• C) global joint ventures
• D) wholly owned affiliates
• E) all of these

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Definitions:

Franchisors

Companies or individuals that grant the license to third parties to conduct business under their brand and operational model.

Ethical Business Conduct

The practice of conducting business in a manner that is morally right, honors principles of fairness and integrity, and respects the rights of all stakeholders.

Franchisee Bill of Rights

A set of principles intended to protect the interests and rights of franchisees in their relationship with franchisors.

Franchisee's Business

A business operation that a franchisee runs under the branding and operational model provided by a franchisor in exchange for fees and adherence to franchise guidelines.