Which of the following statements are true about globalization methods? a. International licensing involves the creation of

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Which of the following statements are true about globalization methods?

a. International licensing involves the creation of a new company that is owned by two or more firms from different countries.

b. Exporting involves contracts that allow a foreign company 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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Financial Accounting

ISBN: 9780077328702

15th Edition

Authors: Jan Williams, Sue Haka, Mark Bettner, Joseph Carcello

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