Answer:
licensing
Explanation:
Licensing -
It refers to the agreement or the permission given by one company to another company , in order to manufacture a specific goods or services , is referred to as licensing .
The permission can be of various forms like copyrights , trademarks , patents , design , formulas etc.
Hence , from the given scenario of the question ,
The correct answer is licensing .
Answer:
The correct word for the blank space is: corporate culture.
Explanation:
Corporate culture represents the values, norms, and objectives a company has and that have been obtained and changed during its years of operations. The corporate culture is complemented by its ethical culture that rules the employees' individual behavior in the work frame and as a result of the interaction among other workers.
Answer:
1a. For manufacturing company– Buying a local manufacturing company
b. For a financial services company– Partnership
c. A company like Coke or Pepsi– Greenfield Investments
Explanation:
1a. Buying a local company saves valuable resources for the foreign manufacturing, and it allows for quick market knowledge since this company has already been in operations for a long time.
b. A partnership would be best for a financial services company, this would involve a smooth transition into new markets without having to spend much on physical structures as the domestic company is already having necessary infrastructures in place.
c. Coke and Pepsi would preferably choose to use the Greenfield investment strategy by building a new plant from the ground up because of its established quality standards as well as trade mark and intellectual property protection.
2. A technology-centric firm would benefit most by buying a Company because of the already available market share as well as benefiting from reduced government regulations.
3. If one is operating a start-up or smaller firm of course cost would be a major consideration, therefore selling out License to foreign companies may be effective. This would transfer the rights to use a product or service in a different market geography.
4. It provides a good foresight into the requirements needed to enter foreign markets.
Answer:
D) licensing
Explanation:
Licensing is when a company gives another company legal permission to manufacture it's own products in return for a specific payment. It can also apply to a service business like fast food or hotel(hospitality service).
