TIP Ltd Was Featured on the Discovery Channel for Its Ability

question 128

Multiple Choice

T.I.P Ltd. was featured on the Discovery Channel for its ability to encapsulate very fragile natural items into a solid clear medium. After the Discovery Channel feature,T.I.P's customer base expanded beyond Canada. T.I.P started selling its products all over North America,Europe,Asia,and the Caribbean. What is T.I.P's expansion of sales to other countries an example of?

• A)foreign direct investment  
• B)franchising  
• C)licensing  
• D)exporting

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Definitions:

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