Shareholders Meeting (Scenario)
A senior manager at Hudson Motors Inc. presented the top management of his firm with a strategy aimed at improving sales and profits. Based in Kentucky, Hudson Motors has always used American-made parts for its automobiles. However, sales and profits have slumped miserably over the past three years. In his plan, the senior manager proposes to delegate certain noncore operations to external vendors besides setting up manufacturing units in Asia, where the cost of labor is significantly low.
-If Hudson Motors grants the right to Mercury Motors Inc., an Asian automobile firm, the right to use its business system in exchange for compensation, Hudson Motors would play the role of a ________.
A) franchisor
B) licensor
C) agent
D) turnkey contractor
Correct Answer:
Verified
Q88: Nanocell (Scenario)
Two years ago, Nanocell, a small
Q89: Nanocell (Scenario)
Two years ago, Nanocell, a small
Q90: In a short essay, describe the role
Q91: Super Cola (Scenario)
U.S.-based Super Cola, one of
Q92: In a short essay, describe the intermediary
Q94: In a short essay, explain why SMEs
Q95: In a short essay, explain the two
Q96: In a short essay, discuss the impact
Q97: Nanocell (Scenario)
Two years ago, Nanocell, a small
Q98: Shareholders Meeting (Scenario)
A senior manager at Hudson
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents