A form of low-risk and capital-free entry into international markets that includes local manufacturing is referred to as
A. licensing.
B. direct exporting.
C. joint ventures.
D. direct ownership.
E. indirect exporting.
Answer: A
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Advertising in online video games offers the following benefits, except:
A) Web metrics that are not available with other forms of product placements B) measures of the attitude of the game player towards the ads C) ability to track length of ad exposure in the game D) how long and how often an individual plays a game
Refer to Table 2.2. According to the principle of absolute advantage, Japan should
a. export steel. b. export VCRs. c. export steel and VCRs. d. not trade in anything, as there is no basis for gainful trade.
The EU consists of 27 member countries, but it operates as a single market
Indicate whether the statement is true or false
Clough Company is interested in establishing the relationship between utility costs and machine hours. Data have been collected and a regression analysis prepared using Excel. The monthly data and the regression output follow:MonthMachine HoursUtilityCostsJanuary3,250$22,080 February3,770 25,200 March2,470 16,200 April4,030 27,600 May4,940 33,900 June4,290 26,400 July5,330 29,700 August4,550 27,300 September2,600 18,600 October4,810 31,200 November6,110 37,200 December5,460 33,300 Required:(a.) What is the equation for utility costs using the high-low method?(b.) Prepare an estimate of utility costs for a month when 3,000 machine hours are worked.
What will be an ideal response?