Nuhitzu Believes It Has the Technological Expertise to Produce Communication

question 70

Multiple Choice

Nuhitzu believes it has the technological expertise to produce communication systems that will be leaders around the globe. Boston Electronics is widely regarded as having excellent management systems and superior marketing programs. To utilize these strengths, the two firms might form a(n) ____ to work together on a worldwide basis.

• A) licensing agreement
• B) export trading company
• C) joint agreement
• D) strategic alliance
• E) multinational enterprise

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Definitions:

Specific Process

A defined sequence of activities or steps designed to achieve a particular outcome, often unique to a particular field or industry.

Direct Materials

The raw materials that are directly traceable to the manufacturing of a product and constitute a significant portion of the production cost.

Direct Labor

The wages or salaries paid to employees who are directly involved in producing goods or providing services.

Factory Overhead

All indirect costs associated with manufacturing, excluding direct materials and direct labor, such as utilities, rent, and salaries for managers.