Which of the Following Statements Are True About Globalization Methods

question 34

Multiple Choice

Which of the following statements are true about globalization methods?

• A) International licensing involves the creation of a new company that is owned by two or more firms from different countries.
• B) Exporting involves contracts that allow a foreign company to use a domestic company's trademarks, patents, processes, or technology.
• C) Global sourcing involves the close coordination of research and development, purchasing, marketing, and manufacturing across national boundaries.
• D) A wholly owned international subsidiary is created when a foreign government owns 100% of the equity in a U.S. based firm.

---

Definitions:

Germ Layer

One of the three primary layers of cells (ectoderm, mesoderm, and endoderm) in the early embryo from which all tissues and organs develop.

Endoderm

Innermost of the three germ layers of an embryo.

Epidermis

Outer portion of the skin formed of epithelial tissue that rests on or covers the dermis.

Germ Layer

One of the three primary layers (ectoderm, mesoderm, endoderm) in early embryonic development from which all tissues and organs develop.