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The Firm Has Low Financial Resources, and Realizes Significant Cost

Question 74

Multiple Choice

The firm has low financial resources, and realizes significant cost savings in manufacturing through economies of scale. In addition, it wishes to limit its financial exposure in the event that its products are not accepted in its new international markets. What form of company organization should you recommend?


A) Direct ownership
B) Exporting
C) Joint venture
D) Management contracting

Correct Answer:

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