If a firm's involvement in international marketing is limited to managing others' production facilities, it is using
A. a joint venture.
B. licensing.
C. exporting.
D. management contracting.
E. direct investment.
Answer: D
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Which of the following statements is true?
a. The return on assets ratio indicates whether the company can pay its current debt when it becomes due. b. The causes for an increase or decrease in the return on assets ratio can be examined by calculating its two components: return on sales and asset turnover. c. If a company successfully applies leverage, its return on assets ratio will be greater than its return on common stockholders' equity ratio. d. If a company's return on assets ratio increases, the increase can be the result of decreased liquidity.
The pricing method that is used primarily by service businesses is
a. return on assets pricing. b. gross margin pricing. c. target cost pricing. d. time and materials pricing.
A(n) ____________________ involves two or more people gathering to exchange information, make decisions, and solve problems.
Fill in the blank(s) with the appropriate word(s).
A phenomenon known as ________ arises when rational investors anticipate events that do not with the frequency that the investors expect
A) interest rate parity B) the peso problem C) rational expectations D) purchasing power parity