___ Is a Form of International Business Through Which a Foreign

question 84

Multiple Choice

___ is a form of international business through which a foreign company pays a fee for the rights to manufacture or sell another firm's products in a specified region.

• A) A franchise
• B) A joint venture
• C) A strategic alliance
• D) A licensing agreement
• E) Outsourcing

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Definitions:

Median-Voter Model

A theory in political science suggesting that the outcome of majority rule voting systems will reflect the preferences of the median voter.

Median-Voter Model

A theory suggesting that the outcome of majority-rule voting systems will reflect the preferences of the median voter.

Preferences

Individual choices or inclinations towards certain products, services, or outcomes over others.