If a Firm's Core Competency Is Based on Control Over

question 98

Multiple Choice

If a firm's core competency is based on control over proprietary technological know-how,it should avoid _____ and _____ arrangements if possible,to minimize the risk of losing control over that technology.

• A)licensing; joint-venture
• B)wholly owned subsidiary; exporting
• C)turnkey contracts; exporting
• D)exporting; joint-venture

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Definitions:

First Step

The initial action taken towards a particular goal or process.

Volcanic Eruptions

Explosive events where magma, gas, and ash are forced out of a volcano's vent.

Accompanying Map

A map that is provided along with other materials or data to offer spatial context or additional information.

Convergent Plate Boundary

A region where two tectonic plates are moving toward each other, often resulting in one plate subducting beneath the other and leading to geological phenomena such as earthquakes and mountain building.