If a Service Firm Wants to Build a Global Presence

question 87

Multiple Choice

If a service firm wants to build a global presence quickly and at a relatively low cost and risk,_____ makes sense.

• A)a wholly owned subsidiary
• B)exporting
• C)a turnkey project
• D)franchising

---

Definitions:

Amistad Case

A landmark 1841 United States Supreme Court case involving the mutiny by Africans on the Spanish slave ship Amistad, pivotal in the American abolition movement.

Cherokee Nation

A Native American tribe historically settled in the southeastern United States, now based in Oklahoma, with its own government and recognized sovereignty.

Task System

A labor system in which enslaved individuals were assigned a particular task to complete each day, after which they had some control over their time.

Work Stoppages

Events or occurrences where employees cease work, often as a form of protest against working conditions or labor disputes.