_______________________________ Include Quotas, Domestic Subsidies, Discriminatory Government Procurement Policies, and Regulations

question 85

Short Answer

_______________________________ include quotas, domestic subsidies, discriminatory government procurement policies, and regulations such as import licensing and product standards.

---

Definitions:

Multidomestic Strategy

A marketing strategy that involves tailoring products or services to fit local market conditions and consumer preferences in each country of operation.

Foreign Licensing

A business arrangement where a firm allows another business in a different country to produce and sell its products under its brand in exchange for a fee or royalty.

Contract

A legally binding agreement between two or more parties that outlines obligations and rights.

Distribution

The process by which goods or services are made available to consumers through a supply chain.