Theodore and James decide to enter into an agreement with a firm in Europe allowing them to use their software, brand name, and business methods in return for a lump sum payment and a percentage of sales. The European firm is a service organization that plans to use the software to serve its customers. Their agreement is a(n) ________.
A) export agreement
B) licensing agreement
C) franchise agreement
D) import agreement
Correct Answer:
Verified
Q72: A corporation drops its organizational structure based
Q73: Adam has been hired by an organization
Q74: Transnational organizations are also known as _.
A)
Q75: Melanie had been buying raw materials locally
Q76: Joint ventures are a type of _.
A)
Q78: If Marla's company changed its organizational structure
Q79: As the international operations of their firm
Q80: A global company reflects the _.
A) pancentric
Q81: The process of exporting involves acquiring products
Q82: Describe the different approaches that a company
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