Which of the following is a specialized type of licensing?
Pyoiunalek's, a U.S. restaurant chain, markets and endorses its business in Germany by offering buyers the rights to launch and operate the restaurant in their own country. It lends financial and marketing assistance to the buyers. Pyoiunalek's is employing the strategy of _____.
Which of the following is the most costly form of foreign direct investment?
Which of the following is a feature of joint ventures?
A)Sharing of resources
B)Merging of companies
C)Elimination of local partners
D)Absence of formal agreements