MedPlus Incorporated, Based in the United States, Hesitates to Enter

question 57

Multiple Choice

MedPlus Incorporated, based in the United States, hesitates to enter into a joint venture with Azpak Limited, a Sri Lankan company, due to inadequate protection of intellectual property rights. MedPlus is trying to avoid what type of risk?

• A)Political
• B)Legal
• C)Ethical
• D)Economic
• E)Ethnographic

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Definitions:

MMC

Refers to Maximum Material Condition, the state where a part contains the maximum amount of material within the specified limits, important in geometric dimensioning and tolerancing.

Size Tolerance

The allowable deviations in dimensions defining the limits within which a part must be manufactured to ensure fit and function.

Positional Tolerancing

Positional tolerancing is a geometric dimensioning method expressing the allowable variation in the position of a feature within a part, relative to its reference features.

ASME

American Society of Mechanical Engineers, an organization that develops engineering standards and codes.