Firms Who Wish to Go Global but Who Are Not

question 1

Multiple Choice

Firms who wish to go global but who are not ready to assume significant risk may resort to ____________ in order to compete internationally.

• A)licensing a local firm to manufacture the company's products
• B)acquiring a local operation
• C)government subsidized exporting programs
• D)setting up a local factory

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Definitions:

National Health Insurance System

A government-run system that provides health insurance coverage to all its citizens, typically funded through taxes.

Health Promotion

Activities and strategies aimed at improving health and preventing disease.

Immunization Clinic

A healthcare facility that specializes in providing vaccinations to protect individuals from infectious diseases.

Support Group

A gathering of individuals who share common experiences, challenges, or problems, offering each other emotional and moral support.