By Allowing a Company to Purchase Another Existing Firm in the Host

question 59

Multiple Choice

By allowing a company to purchase another existing firm in the host country, a(n) ______ permits a largely domestic business to gain an international presence very quickly.

• A) acquisition
• B) foreign licensing agreement
• C) joint venture
• D) countertrade

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Definitions:

Exception

An Exception in programming is an event that disrupts the normal flow of a program's execution, typically indicating errors.

Early Binding

A programming concept where the method to be called or the variable type is determined at compile time, leading to increased efficiency.

Compiler Efficiency

A measure of how effectively a compiler translates high-level code into optimized machine code, impacting the performance and size of the resulting executable.

Abstract Class Constructor

A constructor in an abstract class, which cannot be instantiated directly but can be called by constructors of its subclasses.