Before undertaking contractual entry strategies abroad, management ________.
A) should bribe government officials to ensure protection of intellectual property
B) should register patents and copyrights with local governments
C) should keep information about intellectual property confidential from all franchisees in countries with weak anti-piracy laws
D) understand and follow subjective moral and ethical standards across markets

Question

Quizplus · Accepted Answer

Registering patents and copyrights with local governments is a crucial step for companies to protect their intellectual property rights when entering foreign markets. This legal action helps to ensure that the company's innovations and creative works are safeguarded under the local laws of the country they are expanding into.

Before Undertaking Contractual Entry Strategies Abroad, Management ________