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Investment after careful analysis the ceo recommends

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investment. After careful analysis, the CEO recommends licensing localdistributors as the best option for the company to achieve this expansion.What is an advantage of using this approach?Shared costsLower financial riskControl by local distributorsGain economies of scaleCorrect! Licensing as a strategy for entering foreign markets lowersfinancial risks.
Question 6 of 10Question
Which term describes the practice in which a parent firm is obligated toprovide its brand name, specialized equipment or services, andsometimes startup costs to another firm in return for an annual fee?
Question 7 of 10QuestionWhich of Hofstede’s cultural dimensions refers to the extent that peoplethink of themselves as members of a group or collective rather than asdiscrete individuals?

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Term
Fall
Professor
N/A
Tags
International Trade, Chief Executive Officer

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