Which of the following statements are true about globaliza-tion methods? a. International licensing involves the creation of a new company that is owned by two or more firms from dif-ferent countries. b. Exporting involves contracts that allow a foreign com-pany to use a domestic company’s trademarks, patents, processes, or technology.c. Global sourcing involves the close coordination ofresearch and development, purchasing, marketing, andmanufacturing across national boundaries.d. A wholly owned international subsidiary is createdwhen a foreign government owns 100 percent of theequity in a U.S.-based firm.
Which of the following statements are true about globaliza-tion methods? a. International licensing involves the creation of a new company that is owned by two or more firms from dif-ferent countries. b. Exporting involves contracts that allow a foreign com-pany to use a domestic company’s trademarks, patents, processes, or technology.c. Global sourcing involves the close coordination ofresearch and development, purchasing, marketing, andmanufacturing across national boundaries.d. A wholly owned international subsidiary is createdwhen a foreign government owns 100 percent of theequity in a U.S.-based firm.
Chapter1: Multinational Financial Management: An Overview
Section: Chapter Questions
Problem 13QA
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Question
Which of the following statements are true about globaliza-
tion methods?
a. International licensing involves the creation of a new
company that is owned by two or more firms from dif-
ferent countries.
b. Exporting involves contracts that allow a foreign com-
pany to use a domestic company’s trademarks, patents,
processes, or technology.
c. Global sourcing involves the close coordination of
research and development, purchasing, marketing, and
manufacturing across national boundaries.
d. A wholly owned international subsidiary is created
when a foreign government owns 100 percent of the
equity in a U.S.-based firm.
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