Jupiter Systems Is a High-Tech Firm Looking to Set Up

question 106

Multiple Choice

Jupiter Systems is a high-tech firm looking to set up operations in a foreign country.The firm's core competency is in technological know-how.Which of the following modes of entry would be most favorable to the firm if it wants to keep a tight control over its technology?

• A)wholly owned subsidiary
• B)joint venture
• C)franchising
• D)licensing
• E)turnkey project

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Definitions:

Encumbrances

Legal claims or liens on a property or asset that may affect the title or restrict the owner's ability to use the property freely.

Bailiff

An official who performs certain actions under legal authority, such as executing writs, serving legal documents, or enforcing court orders and judgments.

Title Pass

Title Pass refers to the transfer of ownership rights from one party to another, often involved in the sale and purchase of property or goods.

Unconditionally Appropriated

Assets or funds that are designated for a specific purpose or recipient without any conditions attached.