A ________ gives a foreign company the rights to oversee the daily operations of a business but not to make decisions regarding ownership, financing, or strategic and policy changes.
A)licensing agreement
B)management contract
C)turnkey operation
D)lease

Question

Quizplus · Accepted Answer

A management contract gives a foreign company the rights to oversee the daily operations of a business but not to make decisions regarding ownership, financing, or strategic and policy changes. Licensing agreements provide companies with the right to use intellectual property, while turnkey operations involve a company providing a complete package of services to help set up a business. A lease involves renting property.

A ________ Gives a Foreign Company the Rights to Oversee