The argument that firms prefer FDI over licensing to retain control over know-how, manufacturing, marketing, and strategy or because some firm capabilities are not amenable to licensing constitutes the:
A. comparative advantage theory.
B. distribution theory.
C. new trade theory.
D. internalization theory.
E. licensing theory.
D
Business
You might also like to view...
The total-return approach concentrates solely on capital gains over the long term
Indicate whether the statement is true or false.
Business
Which strategy applies to investors who fund long-term goals with high-quality stocks which they retain for the entire investment period?
A) quality long-term growth B) buy and hold C) speculation D) current income
Business