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kicyunya [14]
2 years ago
7

The management team at Pass the Ketchup Brands has decided not to license its product because of concerns that this will create

opportunities for another company to have access to their secret recipe. For this reason, the company decides that FDI is their best course of action. Which economic theory does their choice represent?
Business
1 answer:
makvit [3.9K]2 years ago
5 0

The economic theory the choice of management team at Pass the Ketchup Brands represent is known as internalization theory.

<h3>What is internalization theory?</h3>

Internalization theory is an economic theory that tends to protect companies' sole rights to their products. The theory gives protection to local industries who aim at having larger market share.

This is because when other companies know the secret or having access to their product make up, such might reduce their market share of that product.

Hence, the economic theory the choice of management team at Pass the Ketchup Brands represent is known as internalization theory.

Learn more about internalization theory here: brainly.com/question/10563712

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Canadian dollar - Bills are often differentiated by size for the visually impaired. Larger denominations in Australia, for instance, are both taller and wider with strong contrasting colors. Euros also follow this logic, while larger notes – like the €200 and €500 – feature tactile marks too. The U.S. and Canadian dollars are currently the only major currencies with same-size notes. The Canadian dollar, however, features tactile marks on the upper righthand corner of bills, and the notes are also different colors to aid the visually impaired. While most other countries are ahead of the U.S. in making their currencies more accessible for the visually impaired, that may soon change with a new proposed $10 bill that would be the first U.S. dollar to feature tactile markings.

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