Josh Adams Runs a Large Cattle Farm in Texas

question 226

Multiple Choice

Josh Adams runs a large cattle farm in Texas. In order to take advantage of higher prices for beef in Europe compared to the United States, he has started selling cattle overseas by using an agent wholesaler who specializes in finding European customers for U.S. firms. He ships the cattle to Europe by water transport. Josh is involved in:

• A) Exporting.
• B) Management contracting.
• C) Licensing.
• D) Joint venturing.
• E) Franchising.

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Definitions:

Ambitious Goal

A challenging objective that requires significant effort and determination to achieve, often aiming for high achievement.

Achievement Motivation

An individual's drive to excel or achieve success in tasks, reflecting a desire for significant accomplishment, mastery of skills, or control over standards of excellence.

Intrinsic Motivation

Motivation that is driven by an interest or enjoyment in the task itself, rather than relying on external pressures or rewards.

Extrinsic Motivation

Motivation driven by external rewards such as money, fame, grades, or praise, rather than by intrinsic rewards related to the activity itself.