A large automobile manufacturer wants to expand its market for mid-size cars to a country with a large population and sizeable working class. In addition, this country is also known to be a source for cheap labor
This is something that could help the auto company significantly improve its production efficiency. Which of the following methods of engaging in international business will help the company best achieve these goals?
A) international licensing
B) joint venture
C) international franchising
D) foreign subsidiary
D
You might also like to view...
When a company advertises, develops consumer promotions, such as a contest, and develops other marketing communications as a tie-in with an event marketing program, it is called a(n):
A) local promotion B) corporate promotion C) advertising promotion D) cross-promotion
Which of the following would be added to net income in computing cash flows from operating activities?
A) an increase in accounts receivable B) an increase in inventories C) a decrease in deferred taxes payable D) a decrease in prepaid expenses
What is a financing statement? What is its significance in perfecting a security interest?
What will be an ideal response?
The Securities Act of 1933 regulates the ________
A) prices on the New York Stock Exchange B) initial offering of securities by public corporations C) elections of boards of directors of closely held corporations D) interest rates on bonds