What are some advantages of licensing as a method of entering international business?
What will be an ideal response?
Licensing, a contractual agreement in which one firm permits another to produce and market its product and use its brand name in return for a royalty or other compensation. Licensing is advantageous for small manufacturers who want to launch a well-known domestic brand internationally. Licensing provides a fairly simple method for expanding into a foreign market with little or no investment.
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A charter is a bank's application for
A. investing in non-bank activities. B. going into business. C. making a loan to a corporation. D. opening up a new branch.
Which of the following is NOT true about ratio-scaled data?
A) The origin of the scale is fixed. B) Such data can be transformed by using y = bx. C) All statistical techniques can be applied to such data. D) Common examples include height and weight. E) They can be transformed using y = a + bx.
In the confidence interval formula for sample size, if p=90, then q=90
Indicate whether the statement is true or false
Management suspects it was Ramon who tipped off a safety inspector that one of the managers had hidden chemicals from the lab in the trunk of his car until the inspection was completed. After the inspection, managers began changing Ramon’s schedule and job duties daily. Ramon found that he could not plan for his children to be cared for while he was at work because his work schedule kept changing. Eventually, Ramon quit. It is likely Ramon experienced ______ discharge.
A. wrongful B. constructive C. economic D. express