occurs when a firm makes a strategic decision to enter foreign markets and adapts its operations to international environments by committing both tangible and intangible assets, experiential knowledge, learning, and human resources to this effort. Externalization Strategic global management O Internationalization O Licensing O Joint Ventures

True or False: A liability is something you owe to another person or to a business. True False

A. Graph AFC, AVC, ATC and MC B. Explain the derivation and shape of each of these four curves and their relationships to one anotherpecifically explain in non-technical terms why

Patents restrict competing firms from copying new technologies and are therefore a barrier to entry. What would happen in the renewable energy markets if patents were no longer awarded? Select one: a. Renewable energy prices would fall, and research into new energy technologies would increase. b. Current renewable energy companies would suffer, but new companies would benefit. c. Renewable energy markets would shrink, and energy prices would rise. d. Research into new energy technologies would fall, and new companies would enter renewable energy sectors which they can copy.