Refer to the Scenario Below to Answer the Following Questions

question 23

Multiple Choice

Refer to the scenario below to answer the following questions.
International Entrepreneurs (Scenario)
Jennifer and James have formed an entrepreneurial venture to develop software for banks and other financial institutions. Their company is growing, but in looking for opportunities in the future, they decide to explore international operations.
-A new and exciting opportunity has appeared that enables Jennifer and James to form a joint venture with a bank in Japan. This partnership will involve less risk and commitment than __________.

• A) exporting
• B) global sourcing
• C) setting up a foreign subsidiary
• D) licensing
• E) franchising

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Definitions:

Deviance

A behavior that differs markedly from the norms and expectations of a particular society or community.

Postmodern Analysis

A critical way of thinking or analysis that challenges traditional perspectives, highlighting the complexity and contradictions in societal structures and cultural norms.

Linguistic Domination

The power dynamics where certain languages or dialects are prioritized over others, affecting societal engagement and opportunity.

Powerful Group

A social or organizational entity with significant influence, resources, or authority over others or within societal structures.