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:

Sense of Vulnerability

The perception or feeling of being susceptible to harm or danger, often influencing an individual's behavior and decisions.

Exercise of Violence

The act of using physical force or power, intended to hurt, damage, or kill someone or something.

Prison Officers

Personnel within the criminal justice system tasked with overseeing the custody, safety, and rehabilitation of inmates.

Underreporting

The phenomenon where the actual number of cases or occurrences of a specific event is higher than the number reported or recorded.