Multiple Choice
Assume that an American firm wants to engage in international business without major investment in the foreign country. Which method is least appropriate in this situation?
A) International Trade
B) Licensing
C) Franchising
D) Direct foreign investment
Correct Answer:
Verified
Correct Answer:
Verified
Q29: According to the text, a disadvantage of
Q30: Which of the following theories identifies the
Q31: The MNC's value depends on all of
Q32: Imperfect markets represent conditions under which factors
Q33: Under the Product Cycle Theory, foreign demand
Q35: Licensing allows firms to use their technology
Q36: The Sarbanes-Oxley Act improves corporate governance of
Q37: If markets were perfect, then labor and
Q38: The agency costs of an MNC are
Q39: A centralized management style, where major decisions