The Best Method of Learning from Experience in International Business

question 177

Multiple Choice

The best method of learning from experience in international business is to

• A) enter into a licensing agreement.
• B) start exporting through an export merchant.
• C) start exporting through an export agent.
• D) invest directly in a foreign country.
• E) form a joint venture.

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Definitions:

Fundamentalism

A strict adherence to specific theological doctrines typically in a reaction against Modernist theories, often characterized by a literal interpretation of religious texts.

Benjamin Barber

Benjamin Barber was a political theorist known for his work on democracy and civil society, including the influential book "Jihad vs. McWorld."

Anthony Giddens

A contemporary sociologist known for his theory of structuration, which seeks to explain the dynamic relationship between individuals and society.

Ulrich Beck

A German sociologist best known for his theory of "risk society," highlighting the ways modern society deals with risks and uncertainties.