What is the term used when a company lets a foreign firm make and/or distribute its products in a local market?
a. Exporting
b. Licensing
c. Direct investment
d. Joint venture
e. Strategic alliance
Answer: B
What is the term used when a company lets a foreign firm make and/or distribute its products in a local market?
a. Exporting
b. Licensing
c. Direct investment
d. Joint venture
e. Strategic alliance
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.