is/are selling the rights to use intellectual property such as patents, copyrights, brand names or trademark to another firm. a. Franchising. b. Joint Ventures c. Licensing d. Greenfield Venture The concept of was taken one step further in JITII, in which vendor sales representatives usually have desks next to the purchasing company's factory floor, attend production status meetings, visit the R\&D lab, and analyze the purchasing company's sales forecasts. multiple sourcing outsourcing sole sourcing parallel sourcing Which of the following statements is FALSE? A corporation uses environmental scanning to avoid strategic surprises and ensure long-term health. Industry analysis was popularized by Michael Porter Political-legal forces regulate the values, mores, and customs of society Today's organizations must scan the natural environment for factors that might previously have been taken for granted. Which of the following is TRUE about individuals or firms that operate at the pre-conventional level of Kohlberg's stages of Moral Development? a. They have a universal ethical principle orientation. b. Their focus is on all of humankind. c. They have a social-contract orientation d. They exhibit reward-seeking and punishment-avoiding behaviors