and Correct Answers 2025
Exporting and importing - CORRECT ANSWERS often are the only available choices
for small and new firms wanting to go international
wholly owned subsidiaries - CORRECT ANSWERS is a foreign subsidiary that is
totally owned and controlled by an organization
mergers/acquisitions - CORRECT ANSWERS The cross-border purchase or
exchange of equity involving two or more companies
alliance - CORRECT ANSWERS any type of cooperative relationship among two or
more different firm
Joint venture (JV) - CORRECT ANSWERS an agreement under which two or more
partners own or control a business
license - CORRECT ANSWERS an agreement that allows one party to use an
industrial property right in exchange for payment to the owning party
franchise - CORRECT ANSWERS a business arrangement under which one party
(the franchisor) allows another (the franchisee) to operate an enterprise using its
trademark, logo, product line, and methods of operation in return for a fee.
international division structure - CORRECT ANSWERS a structural arrangement
that handles all international operations out of a division created for this purpose
global product division - CORRECT ANSWERS structural arrangement in which
domestic divisions are given worldwide responsibility for product groups
global area division - CORRECT ANSWERS a structure under which global
operations are organized on a geographic rather than a product basis
global functional division - CORRECT ANSWERS a structure that organizes
worldwide operations primarily based on function and secondarily on product.
transnational network structure - CORRECT ANSWERS a multinational structural
arrangement that combines elements of function, product, and geographic designs,
while relying on a network arrangement to link worldwide subsidiaries