________ is a dispute resolution process whereby parties submit their disagreements to a private individual decision maker they have agreed on or to a panel of decision makers whose selection has been provided for in the contract the parties signed

According to Department of Labor statistics, about 5% of the U.S. work force are employed in sales positions.

a. true b. false

Furman Furnishings wants to expand its international operations in cooperation with another firm. Which of the following methods would be most appropriate for Furman?

A) exporting B) licensing C) joint venture D) foreign direct investment