Lower costs in the form of cheaper labor or raw materials and the opportunity to gain better first-hand knowledge of the wants and needs of consumers in the local market are factors that would likely lead a company to ________ in a foreign market
A) use direct exporting
B) begin licensing
C) begin franchising
D) use indirect exporting
E) make a direct investment
E
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________ is a notion that costs fall with cumulative production or delivery of a service and that, using the first few years of a product's life as a yardstick, the continued decline in costs is predictable
A) Benchmarking B) Experience curve C) Economies of scale D) Reintermediation
______ is the degree to which an individual feels positive or negative about a job.
A. Job satisfaction B. Organizational culture C. Employee engagement D. Organizational commitment
A(n) _____ makes a profit by purchasing the receivables of a firm at a discount and collecting the full amount from the firm's customers.
A. angel investor B. venture capitalist C. factor D. covenant
Which of the following is not covered by the HO-3 Form?
A) Additional living expense and rental value B) Death (loss) of domestic animals C) Personal liability defense costs D) Loss of trees, shrubs and other plants