Through ________, a partner firm in the foreign market buys the right to use a company's manufacturing process, patent, or brand
A) indirect exporting
B) licensing
C) contract manufacturing
D) direct investment
E) joint ownership
B
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Which of the following statements about compensation is true?
A. The recovery should compensate only the original loss and need not necessarily give any additional value. B. Customers should feel that the organization has suffered an equal loss. C. The value or degree of the compensation should equal the customer's loss only in terms of energy or frustration. D. Compensation should be provided only when a customer demands it.
If the actual quantity of direct materials used in producing a commodity differs from the standard quantity, the variance is termed:
A) controllable variance B) price variance C) quantity variance D) rate variance
Ethical and social dilemmas arise because stakeholders of a business have conflicting perspectives
Indicate whether the statement is true or false
The complexity of global joint ventures or of leading a foreign subsidiary requires the careful study of the ________ that face the leader.
A. work environment B. culture and history C. expectations D. All of the above.