A Form of MNC That Exposes the Firm to the Least

question 56

Multiple Choice

A form of MNC that exposes the firm to the least amount of political risk, and is therefore the preferred arrangement by both business and foreign governments, is called

• A)an exporter.
• B)a licensing agreement.
• C)a joint venture.
• D)a fully owned foreign subsidiary.

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Definitions:

Budgeted Sales

Projected sales revenue a company plans to achieve in a certain period, often used for planning purposes.

Tutoring Classes

Educational sessions focused on providing personalized instruction and assistance to improve understanding and performance in a specific subject area.

Per Semester Salary

A method of compensation where an employee, often in academic or educational settings, is paid for each semester worked rather than monthly or annually.

Budgeting Process

The procedure of creating a plan to spend your money, allocating financial resources to various functions, departments, or initiatives.