In the context of the strategies for reaching global markets, which of the following statements is true of direct investment?
A. The cost involved in direct investment is high.
B. It is the most basic level of international market development.
C. It represents an especially strong opportunity for small firms.
D. Foreign franchising is a type of direct investment.
Answer: A
You might also like to view...
Which of the following is not a goal of a system of internal control over merchandising transactions?
a. Prevent the theft of cash and inventory. b. Keep enough cash on hand to take advantage of purchase discounts. c. Keep the maximum amount of inventory on hand at all times. d. Keep credit losses as low as possible.
Which of the following is NOT a stage groups generally move through?
a. Storming b. Norming c. Adjourning d. Dorming
Fast Corporation recently borrowed $600,000 from its bank at a simple interest rate of 14 percent. The loan is for 10 months. The loan agreement requires interest to be added to the amount borrowed and the total amount to be repaid in monthly installments. What is the loan's monthly payment?
A. $68,400.00 B. $67,000.00 C. $57,000.00 D. $69,767.44 E. $51,600.00
Maya opened a savings account that pays 3.75% annual interest compounded semiannually. If she deposited $2,000 into the account and made no other deposits or withdrawals, how much money did she have in the account after 1 year?