Which of the Following Is(are)not an Advantage of an International

question 3

Multiple Choice

Which of the following is(are) not an advantage of an international joint venture?

• A)Complimenting governmental policies.
• B)The ease of developing common business objectives.
• C)Ready access to international markets.
• D)Cultural synergy.

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Definitions:

Profit

The profit achieved when the income from business operations surpasses all associated expenses, costs, and taxes.

MC < MR

A condition in which the marginal cost of producing an additional item is less than the marginal revenue earned from selling it, suggesting that increasing production is profitable.

Profit

The financial gain obtained when the revenue from business activities exceeds the expenses, costs, and taxes.

License Fee

A charge paid for permission to use intellectual property, enter a market, or perform certain activities within a regulatory framework.