In which of the following modes of entry, does the domestic manufacturer give the right to use intellectual property such as patent and trademark to a manufacturer in a foreign country for a fee?
(b) Contract manufacturing
(c) Joint venture
(d) None of these
When two or more firms come together to create a new business entity that is legally separate and distinct from its parents it is known as
(a) Contract manufacturing
(c) Joint ventures
Which of the following is not an advantage of exporting?
(a) Easier way to enter into international markets
(b) Comparatively lower risks
(c) Limited presence in foreign markets
(d) Less investment requirements
Which one of the following modes of entry permits greatest degree of control over overseas operations?
(b) Wholly owned subsidiary
(c) Contract manufacturing
(d) Joint venture