If a Business Owner Cannot Afford to Invest in Foreign

question 42

Multiple Choice

If a business owner cannot afford to invest in foreign facilities and does not have time to learn the foreign market, but is willing to give someone else the right to make and market her product for a fee and royalties, her 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:

Myelin Sheaths

Insulating layers of fatty material that surround the axons of many neurons, enhancing the speed at which electrical impulses are conducted.

Synaptic Connections

The points at which neurons (nerve cells) connect and communicate with each other through neurotransmitters.

Dendrites

Branch-like extensions of neurons that receive signals from other neurons and conduct them toward the cell body.

Axons

Long, slender projections of nerve cells (neurons) that conduct electrical impulses away from the neuron's cell body.