The Nintendo Company manufactures electronic video consoles and game cartridges. Nintendo provides game design firms with technical specifications for how Nintendo consoles function
The game design firms create the games and then pay Nintendo a fee to manufacture those games. What mode of entry is described in this example?
A) exporting
B) franchising
C) licensing
D) joint venture
C
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Willie sells the following assets and realizes the following gains (losses) during the current year:
Personal auto $(5,000) Municipal bonds (7,000) Stamp collection 4,000 Furniture (6,000) 1% interest in oil well (8,000) As a result of these sales, Willie's adjusted gross income will: a. Decrease by $3,000. b. Decrease by $4,000. c. Decrease by $11,000. d. Decrease by $15,000. e. Not change.
The control function includes three steps: setting standards, measuring performance, and recycling the system
Indicate whether the statement is true or false