Scenario B: Henry was having a few friends over for dinner, many of whom Henry knew from an international management association. Henry's company provides services to create detailed maps of world areas from satellites, which the firm then sells via the Internet to firms, countries, and others around the world. One of his guests, Tamia, bakes cakes for a living. Her recipes are so well liked that her company has grown dramatically. She has just sold the right to manufacture her cakes to a firm in eastern Alpland. Another friend, Chang, is a director at InSpiral, and his wife, Chloe, has contracted with the breakfast chain Flapjack Frank's to open a branch in their state, bearing all the preliminary expenses and development costs. Chang also announced that InSpiral and another company,
McElwee's, are starting a new venture. Finally, Kamala works for New Frontier technologies, which is headquartered in her home country, and is soon to go abroad to work in New Frontier's new facility, which is an independent company that New Frontier owns and controls in another country. The guests were discussing how their companies decided to "go global."In Scenario B, which of the following ways of entering into the global marketplace are InSpiral and McElwee's using together?
A. exporting
B. wholly owned subsidiaries
C. licensing
D. joint ventures
E. franchising
Answer: D
You might also like to view...
Negotiators with power motives tend to convey "positive" concessions that deescalate tensions or facilitate agreement
Answer the following statement true (T) or false (F)
When Ashley HomeStore showcases rooms of furniture on its website, it lists each item in the room. However, if customers like all of the items, they can purchase them as a bundle. Which of the following aspects of the marketing mix is Ashley HomeStore likely altering?
A. Price B. Promotion C. Distribution D. Product E. Target market
On March 1, Bob Byer entered into a contract with Sam Cellar to purchase goods on credit extended by Sam. On April 1 Sam shipped the goods to Bob. The goods were received by Bob on April 15. Sam mailed an invoice to Bob on May 1. Unless the parties agreed to other terms, the credit period for this purchase began to run on ________.
A. March 1 B. April 1 C. April 15 D. May 1
A. What contracts are covered by Article 2 of the UCC? In other words, what is the scope of the Article? b. What types of transactions are outside the scope of Article 2?