In general, the people who have the power to select or approve the supplier are referred to as the "buyers". Most of the time, buyers want to go with a supplier who can offer the best product at the cheapest price.
<u>Licensing offers the lowest level of control for the domestic corporation</u> because the licensee is typically an independent entity that is not under the direct control of the licensor.
<h3>Licensing as an Entry Strategy into International Operations</h3>
- <u>The form of entry strategy into international operations that offers the lowest level of control for the domestic corporation would be:</u> Licensing.
<u>The </u><u>licensor</u> may have some influence over the licensee's operations, but this influence is typically limited to matters such as quality control and adherence to the terms of the license agreement.
The main advantage of licensing as an <u>entry strategy</u> is that it requires relatively little investment on the part of the licensor. The licensor typically only needs to provide the licensee with the necessary technology or <u>know-how</u>, and does not need to establish a new physical presence in the foreign market. This can be a <em>significant advantage</em> for companies that are seeking to enter foreign markets quickly and with limited resources.
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Answer: The primary source of purchasing power used to buy imported goods is the exports of a nation.
Explanation: Purchasing power is important because it allows a company too important and export goods from one nation to another. Depending on what currency terms are given, allows a nation to import or export said goods. Inflation plays a role in deciding how much of said goods are imported and exported.
The Answer Is In Fact "Liquefaction".
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Answer:
e) All temporary accounts are closed but permanent accounts are not closed.
Explanation:
At the time of the closing entries, the temporary accounts are closed instead of all other accounts. The temporary accounts include revenues account, expenses account, dividend paid account, ultimately income summary account
These accounts are closed so that the amount of these accounts should be carried forward to the next accounting period. The amount would always be zero, And in every accounting period, these accounts are closed.