The Minimum That a Firm Has to Do to Engage

question 69

Multiple Choice

The minimum that a firm has to do to engage in international business is to:

• A)export or import products from other countries.
• B)invest directly in operations in another country.
• C)establish joint ventures or strategic alliances with companies in other countries.
• D)license products to companies in other countries.

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Definitions:

Unpopular Opinions

Views or beliefs that diverge from the majority consensus within a community or society.

Harmony

A pleasing combination or arrangement of different parts that creates a consistent, orderly, or aesthetically appropriate result.

Incompatible Goals

Objectives or targets that conflict with each other, making it difficult to achieve both at the same time.

Hidden Agendas

Covert intentions or motives behind an individual's or group's actions that are not openly acknowledged.