Solved

The Practice in Which the Parent Firm Is Obligated to Provide

Question 22

Multiple Choice

The practice in which the parent firm is obligated to provide its brand name,specialized equipment and/or service,and sometimes to fund some startup costs,to another firm in return for an annual fee is known as _____.


A) licensing
B) franchising
C) a foreign acquisition
D) a joint venture
E) an export-import business

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions