A(n) ________ involves a firm in one country agreeing to operate facilities for a firm in another country for an agreed-upon fee.
A) franchising agreement
B) licensing agreement
C) management contract
D) indirect investment

Question

Quizplus · Accepted Answer

A management contract involves a firm in one country agreeing to manage facilities for a firm in another country for an agreed-upon fee. Franchising and licensing agreements involve the transfer of specific rights or knowledge to another firm, while indirect investment refers to investing in companies that then invest in other companies.

A(n) ________ Involves a Firm in One Country Agreeing to Operate