Octa Autos Inc

question 13

Multiple Choice

Octa Autos Inc.wants to globally expand its market.It intends to ensure that its mode of foreign entry allows it to have strong control over its operations and protect its intellectual property,though it may mean investing a significant amount of capital and other resources.In this scenario,which of the following foreign entry modes would best suit Octa Autos Inc.?

• A) exporting
• B) franchise agreement
• C) acquisition
• D) licensing

Appreciate the role of individual differences in response to job design and job crafting.

Understand the relationship between personality traits and social behaviors.

Recognize the impact of locus of control on behavior and decision-making.

Comprehend the social-cognitive perspective on personality.

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Definitions:

Complementary Resource

refers to inputs or goods that are used together with another resource or good to produce a product or service.

Marginal Revenue Product

This is the additional revenue generated from employing one more unit of a factor of production, such as labor.

Total Revenue

The total amount of money received by a company for goods sold or services provided during a certain time period.

Average Revenue Product

The increase in total revenue resulting from employing one more unit of a resource, holding all other factors constant.