Which of the following strategies for reaching global markets is a specialized type of licensing?

A. Partnership
B. Foreign franchising
C. Joint venture
D. Exporting


Answer: B

Business

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The auditor's performance of an independent reconciliation of the client's bank accounts provides evidence as to the rights and obligations of the year-end cash balances

a. True b. False Indicate whether the statement is true or false

Business

Bill is building a project network that involves testing a prototype. He must design the prototype (activity 1), build the prototype (activity 2), and test the prototype (activity 3). Activity 1 is the predecessor for activity 2 and activity 2 is the predecessor for activity 3. If the prototype fails testing, Bill must redesign the prototype; therefore, activity 3 is a predecessor for activity 1. This is an example of

A. Having more than one start node. B. Natural network flow. C. Conditional statements. D. Good network development. E. Looping.

Business

When asked what he saw the role of the union to be in the coming years, one union representative replied, "To administer the contract for my members." This reply best illustrates:

A. The servicing model of union representation. B. The organizing model of union representation. C. Employee empowerment unionism. D. Social unionism.

Business

A bar owner, has an obligation to ensure that all patrons are reasonably safe from the actions from drunken customers

Indicate whether the statement is true or false

Business