The Grummond Group buys air conditioner components in industrialized countries and sells them to business customers in developing countries where the air conditioners are assembled. Grummond is most likely classified as a(n)
A) trading company.
B) strategic alliance.
C) joint venture.
D) licensee.
E) exporter.
Correct Answer:
Verified
Q25: Walmart is currently expanding its stores into
Q50: When a firm's products sell in foreign
Q58: All of the following European countries use
Q60: The agreement between the United States, Canada,
Q63: A company not involved in manufacturing that
Q64: Franchising offers all the following benefits for
Q73: A(n) _ is an organization that links
Q74: A special form of licensing in which
Q76: If Caterpillar wished to reach the market
Q79: Tony&Guy is a global hairdressing and education
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents