In the context of foreign direct investment, which of the following statements is true of a partnership?
A. It is the most costly form of direct investment.
B. It is a formal, long-term agreement.
C. It is the most basic level of international market development.
D. It is also known as domestic franchising.
Answer: B
You might also like to view...
Costs that are incurred to preclude defects and improper processing are:
a. prevention costs b. detection costs c. appraisal costs d. failure costs
What helped to make President Barack Obama such an effective communicator?
A) his natural, easygoing, believable style B) his ability to make it "All Obama all the time" C) his expertise in maximizing social media D) his expert public relations staff
There are no precise rules to observe in establishing a sales routing and scheduling plan
Indicate whether the statement is true or false
Which of the following would be the least likely cost driver for an activity such as the usage of factory supplies?
A) Machine hours B) Number of engineering hours C) Direct labor hours D) Number of units produced