Company XYZ Would Like to Sell Its Products in a Foreign

question 36

Multiple Choice

Company XYZ would like to sell its products in a foreign country. Since the products will be best sold by locals in the foreign country, the best type of contract-based agreement to use will be

• A) franchising.
• B) foreign licensing.
• C) subcontracting.
• D) free trade agreement.

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Definitions:

Culture-Structure Explanations

These refer to theories in sociology that examine how cultural norms and social structures influence individual behavior and societal dynamics.

Racial And Ethnic Inequalities

The disparities and injustices that individuals face based on their racial or ethnic backgrounds, manifesting in various aspects of life including education, healthcare, employment, and legal systems.

Segregated Housing

A practice where housing is divided along racial, ethnic, or economic lines, often resulting from both individual prejudices and institutional policies.

Real Estate Practices

Refers to the professional and ethical standards, procedures, and activities involved in the buying, selling, leasing, and managing of real estate properties.