Which of the following international organization strategies consists of firms giving individuals or companies in a foreign country exclusive rights to manufacture or market their products in that market?
A) licensing arrangements
B) independent agents
C) branch offices
D) strategic alliances

Question

Quizplus · Accepted Answer

This strategy refers to licensing arrangements where firms give individuals or companies in a foreign country exclusive rights to manufacture or market their products. Independent agents typically represent the firm in the foreign market, but they do not have exclusive rights to sell or manufacture the products. Branch offices involve setting up a physical presence in the foreign market, and strategic alliances involve partnering with a local firm to achieve common goals.

Which of the Following International Organization Strategies Consists of Firms