Answered step by step
Verified Expert Solution
Question
1 Approved Answer
33)Which of the following is a drawback of management contracting? a.It prevents a company from setting up its own operations for a period of time.
33)Which of the following is a drawback of management contracting?
a.It prevents a company from setting up its own operations for a period of time.
b.It yields income to the contracting firm only much later in the process.
c.It does not provide the option of buying shares in the managed company later on.
d.It is a high-risk method of getting into a foreign market.
e.It requires a domestic firm to export its products to a foreign company.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started