____________ Is an Entry Strategy in Which an Organisation in One

question 33

Multiple Choice

____________ is an entry strategy in which an organisation in one country makes certain resources available to organisations in other countries in order to participate in the production and sale of its products abroad.

• A) Franchising
• B) Licensing
• C) Exporting
• D) Greenfield venture
• E) Joint venture

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Definitions:

Duty To Buy

An obligation, usually legal or contractual, to purchase a specific product or service.

Constructive Condition

Conditions inferred by law to enforce fairness in the performance of contractual obligations, even if not explicitly stated in the contract.

Breach Of Contract

A failure to perform any promise that forms all or part of a contract.

Condition Precedent

A condition that must be fulfilled before a contract becomes effective or before an obligation is required to be performed.