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Question
Which of the following is a most likely reason for a firm to enter a licensing agreement?
A. A licensing arrangement allows firms to enter a foreign market without direct foreign investments.
B. For a firm to enter into a licensing agreement, it must have substantial capital.
C. A licensing agreement does not require firms to follow the local laws where they operate.
D. A licensing arrangement is used only if the firms have strong management skills and marketing strategies in the regions where they operate.
E. A licensing agreement is a risk free method for firms to expand in foreign markets.
Answer
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Related questions
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B. The top management
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D. The suppliers
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Which of the following statements is true about the role and effect of profits on ethical corporate behavior?
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A. apathy
B. ignorance
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A. It focuses primarily on individual rights.
B. It views lying as an unethical practice.
C. It is found in the way in which managers use cost-benefit analysis to evaluate alternative courses of action.
D. It is primarily a duty-based view of ethics.
E. It asserts that individuals have rights, and that these rights should not be infringed, even at the expense of society as a whole, because they have an intrinsic moral value to them.
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The primary goal or end of business leaders is to produce a profit. This orientation reflects _____.
A. deontology
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C. consequentialism
D. the Protestant ethic
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