Under a(n)_____ between a U.S.
based company and a foreign company,in return for the right to use the parent company's brand name and sell its goods and services,the foreign company is required to adhere to an established business model.
A)international franchising agreement
B)international licensing agreement
C)strategic alliance
D)outsourcing contract

Question

Quizplus · Accepted Answer

An international franchising agreement allows a foreign company to use the parent company's brand name and sell its goods or services while following the parent company's established business model. This is characteristic of franchising, where the franchisee must adhere to the franchisor's business practices and guidelines.

Under A(n)_____ Between a U.S