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| Teaching Since: | May 2017 |
| Last Sign in: | 401 Weeks Ago, 2 Days Ago |
| Questions Answered: | 66690 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
An advantage of licensing as a method of entering global competition is that the (Points : 4) licensing company need not bear the costs and risks of opening up an overseas market.
licensing company has control over its technology.
licensing company has control over quality levels.
licensing company has lower communication costs.
licensee has lower production costs.
competitiveness compassion workaholism sincerity |
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| 10. An advantage of joint ventures in the international marketplace is (Points : 4) |
the local partner may have a greater knowledge of local consumer tastes and preferences.
the local partner may have a greater understanding of local business practices and regulations.
costs of developing the new market are shared with the joint venture partner.
the risks of entering the new market are shared with the joint venture partner.
All of the above are advantages of joint ventures.
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