The idea behind multipoint competition is to ensure that:
A. a rival does not dominate one market and use the profits from there to drive competitive attacks elsewhere.
B. the competitors cooperate with each other to establish a cartel.
C. no other competitors can enter the market unless they resort to licensing or franchising with the initial pioneers.
D. growing technologies or business methods in new markets are transferred to established markets.
E. the firms in an industry prefer FDI over licensing or exporting.
A
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Management by exception
a) means that all differences will be investigated. b) means that material differences will be investigated. c) causes managers to be buried under voluminous paperwork. d) means that only unfavorable differences will be investigated.
The current legal environment considers most administrative inspections as searches
subject to Fourth Amendment requirements. a. True b. False