One disadvantage of licensing arrangements is the high investments it requires to enter the foreign market.
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Q10: Collaborative arrangements include licensing, franchising, and joint
Q11: Under a licensing arrangement, a firm grants
Q13: Joint ventures are direct investments in which
Q14: One of the keys to successful joint
Q15: The main advantage of joint ventures is
Q16: The most complex and high risk investment
Q17: Greenfield investments are when a company builds
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