The Following Characteristics (High Set-Up Costs, Higher Credit Risks, and Higher

question 71

Multiple Choice

The following characteristics (high set-up costs, higher credit risks, and higher customer loyalty) apply to which of the following forms of exporting?

• A) direct
• B) indirect
• C) parallel
• D) synchronized
• E) dual

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Definitions:

Kentucky Fried Chicken

A global fast-food restaurant chain that specializes in fried chicken, commonly known by its acronym KFC.

Vertical Merger

The combination of two or more companies at different stages of production in the same industry.

Horizontal Merger

A business consolidation that occurs between firms operating in the same industry, often to increase market share.

Per Se Violation

A violation that is inherently illegal, without need for further examination of its effects or intentions, especially in antitrust law.