Answer the following statement(s) true (T) or false (F)
1. Transnational companies are companies that produce products in one country and export these products to many overseas countries.
2. A drawback of exporting is that high transportation costs can make it uneconomical, particularly in the case of bulk products.
3. Licensing is primarily utilized by manufacturing industries while franchising is used more often in service industries.
4. he advantages of franchising as an entry mode to global expansion are similar to the disadvantages of licensing.
5. The least preferred strategy when a company's competitive advantage is based on technology is the wholly owned subsidiary.
1. false
2. true
3. true
4. false
5. false
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A) supporting expert B) consultant C) programmer D) agent of change
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