Henderson Synthetics' Management Believes That Several of the Firm's Products

question 90

Multiple Choice

Henderson Synthetics' management believes that several of the firm's products could have sizable markets in other countries.To maintain a low level of commitment with minimum effort and cost,Henderson should engage in international marketing through

• A) contract manufacturing.
• B) exporting.
• C) joint ventures.
• D) licensing.
• E) subsidiaries.

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Definitions:

Outsourcing

The practice of hiring external firms or individuals to perform tasks, handle operations or provide services that are either difficult to manage or are outside the company's core competencies.

Employee Morale Risks

Potential threats to the emotional well-being and satisfaction of employees, which can adversely affect productivity and organizational performance.

Service Risks

Refers to the potential for losses or negative outcomes that a business may experience when delivering services to customers.

HR Activities

Tasks and functions carried out by the Human Resources department, including recruiting, training, employee relations, and benefits management.