________ Are Most Appropriate When a Firm Already Has the Appropriate

question 6

Multiple Choice

________ are most appropriate when a firm already has the appropriate knowledge and capabilities that it can leverage rather easily through multiple locations in many countries.

• A) Joint ventures
• B) Strategic alliances
• C) Licensing agreements
• D) Wholly owned subsidiaries

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Definitions:

Ethnic Labels

Terms or categories used to identify individuals or groups based on shared cultural, national, tribal, racial, or religious heritage.

Negotiation Process

A method of discussion aimed at reaching an agreement, involving two or more parties with differing needs and desires.

Social Construction

The concept that perceptions of reality are shaped by the collective agreement and understanding of individuals within a culture or society.

Cultural Definition

The way in which the values, beliefs, norms, and practices of a particular group of people define and shape their culture.