An attribute of management contracts is that Blank______.Multiple choice question.it is most appropriate when an entrepreneur has no intention of entering a particular market through exporting or direct investmentit allows a buying nation to acquire foreign expertise without allowing foreigners to buy its resourcesit involves entering a foreign market after a large equity investmentit involves giving a foreign manufacturer the right to use a production process in exchange for royalties
Question
An attribute of management contracts is that Blank______.Multiple choice question.it is most appropriate when an entrepreneur has no intention of entering a particular market through exporting or direct investmentit allows a buying nation to acquire foreign expertise without allowing foreigners to buy its resourcesit involves entering a foreign market after a large equity investmentit involves giving a foreign manufacturer the right to use a production process in exchange for royalties
Solution
The correct answer is: it allows a buying nation to acquire foreign expertise without allowing foreigners to buy its resources.
Management contracts are agreements where one company provides managerial assistance, technical expertise, and possibly capital to a foreign company for a fee. This allows the buying nation to acquire foreign expertise without allowing foreigners to buy its resources.
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