22 18 late fea 30. A form of licensing in which a foreign firm buys the rights t

Question

22 18 late fea 30. A form of licensing in which a foreign firm buys the rights to use another's name and operating methods in its home country is called A) a joint venture B) a strategic alliance franchising a licensing agreement E) outsourcing 31 is especially important in the demanding global economy because nowhere in the world can managers rest on past successes and ignore what others are doing, either at home or abroad. A) Management advantage. B) Strategic advantage. C) Competitive advantage. D) Core advantage. E) Market advantage Host countries sometimes complain about the presence of multinational firms. These complaints include all of the following EXCEPT: A) MNCs may fail to transfer their most advanced technology. 32. B) MNCs fail to help domestic firms develop. C) MNCs may export jobs to other countries. D) MNCs fail to market products or services needed in the local economy. E) MNCs may dominate the local economy. 33.define specific task objectives, link activities to be accomplished with due dates, and identify the amounts and timing of resource requirements A) Inventory order schedules. B) Fixed budgets. C) Flexible budgets. D) Control limits. E) Project schedules.

Explanation / Answer

30. C. Franchising

31. C. Competitive advantage

32. D. MNCs fail to market products or services needed in the local economy.

33. E. Project Schedules.

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