Which of the Following Activities Is the Least Costly and Least

question 101

Multiple Choice

Which of the following activities is the least costly and least risky method for selling a product on the global market?

• A) licensing
• B) exporting
• C) franchising
• D) contract manufacturing

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Definitions:

Sue

The act of bringing a legal action against an individual or entity in a court of law.

Formal Education

Structured education that takes place in an institutional setting like schools or colleges, following a set curriculum leading to recognized qualifications.

Colonial Girls

Young females living in a colony, especially during the period when the area was under the control of a colonial power.

Bundling

A business strategy that involves offering several products or services together as a combined package.