Which of the following products need cash to maintain their market leadership position but they are also generating some because of the high margins they can maintain?
A) cash cows
B) dogs
C) stars
D) problem children
C
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Which of the following is true about joint venturing?
A) Management contracting is highly risky for the domestic firm. B) Contract manufacturing gives significant control to the domestic firm. C) Licensing is a highly complex method for entering global markets. D) A host country partner is necessary for selling or marketing products. E) Companies are required to invest in the construction of foreign-based facilities.
Purchasing life insurance on the homemaker:
A) makes no sense because the homemaker generates no income B) should not be done because of the moral hazard it creates in the working spouse C) makes sense in many cases due to the cost of service replacement and it would help the family maintain a "normal" lifestyle D) is very necessary when the homemaker has no minor children