If You Can't Afford to Invest in Foreign Facilities,don't Have

question 136

Multiple Choice

If you can't afford to invest in foreign facilities,don't have time to even learn the foreign market,but you are willing to give someone else the right to make and market your product for a fee and royalties,your best bet for entering the foreign market is:

• A)a foreign management company.
• B)joint venturing.
• C)foreign licensing.
• D)international franchising.

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Definitions:

Nobel Prize

Prestigious international awards granted annually across multiple categories including Peace, Literature, and various scientific fields, in recognition of academic, cultural, or scientific advances.

Self-Esteem

An individual's sense of their own value or worth, or the respect and confidence they have in themselves.

Socially Withdrawn

Characterized by a preference to avoid social interactions or situations, often due to feelings of anxiety or inadequacy.

Physically Weak

Definition: Having low physical strength or vitality, often resulting in difficulty performing tasks requiring physical effort.