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International Business - I

Question

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Outsourcing a part of or entire production and concentrating on marketing operations in international business is known as :
Licensing
Franchising

Contract manufacturing

Joint venture

Solution

C.

Contract manufacturing

Some More Questions From International Business - I Chapter

Give meaning of service exports and imports.

Give meaning of direct exporting.

Give meaning of direct importing.

Give meaning of contract manufacturing.

Give meaning of licensing and franchising.

Define foreign investment.

Give meaning of joint venture.

Give the role of India’s involvement in World Business.

Give the percentage share of India in international business.

What is the share of India’s foreign trade in Gross Domestic Product ?

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