What type of firm directs manufacturing and marketing operations in several countries, and these operations are coordinated by a parent company, usually based in the firm's home country?
A) global investment
B) foreign corporation
C) multinational corporation
D) international corporation
Question 2
An arrangement whereby the parent company grants another firm the right to do business in a prescribed manner is referred to as ________.
A) foreign investing
B) exporting
C) licensing
D) franchising