A(n) ________ involves a firm in one country agreeing to operate facilities for a firm in another country for an agreed fee
A) franchising agreement
B) licensing agreement
C) management contract
D) indirect investment
C
Business
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A small company that manufactures paper products might choose to use a geographic organization for its sales force because:
A. It wants to enjoy the benefits associated with division and specialization of labor B. It is a low-cost method of vertically organizing a sales force C. It is not concerned about the increased travel and expense time such an organization produces D. Each of its salespeople can specialize in a particular product line E. It is simple to implement
Business
Identify the major sources of external new product ideas and explain why these sources offer advantages over internal sources
What will be an ideal response?
Business