Multiple Choice
For initial fee plus royalties, Inding Inc., a U.S.-based firm, will provide Caliste Works, a firm based in Singapore, with an exclusive right to conduct Inding's business in its country. This form of global business is an example of a _____.
A) wholly owned affiliate
B) conglomerate
C) franchise
D) joint venture
Correct Answer:
Verified
Correct Answer:
Verified
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