A firm that provides a foreign organization with specific services, technical help, or managerial expertise for either a flat fee or a percentage of sales or profits is engaging in

Question

Quizplus · Accepted Answer

The description given in the question is that of a management contract, where a firm provides services or expertise to a foreign organization for a fee. Franchising and licensing involve giving the foreign organization the rights to use the firm's name, brand, or products. Setting up a sales office would involve the firm establishing a physical location in the foreign market. Exporting involves selling products to a foreign market without necessarily providing any additional services or expertise.

A Firm That Provides a Foreign Organization with Specific Services