According to the text,a management contract is useful for:
A)joint ventures.
B)earning money by providing know-how.
C)direct exporting.
D)wholly owned subsidiaries.
E)joint ventures,wholly owned subsidiaries and involves earning money by providing know-how.

Question

Quizplus · Accepted Answer

The text states that a management contract involves earning money by providing know-how and can be useful for both joint ventures and wholly owned subsidiaries. Therefore, the best choice is E, which includes both options. Direct exporting is not mentioned as being related to management contracts in the text.

According to the Text,a Management Contract Is Useful For