Tanya Williams, the chief executive officer of Willister ...

[Caiter2013]

Tanya Williams, the chief executive officer of Willister Computers, believes that the firm is currently best equipped to enter the Chinese market. The firm offers a small-scale producer in China to produce and market its goods based on the set of specific operating functions and requirements Willister offers to the firm. This is an example of _____.
 A) foreign franchising
  B) direct investment
  C) a strategic alliance
  D) a joint venture

Question 2

Several European countries have banded together to reduce the trade barriers between them and encourage trading among themselves. This is known as
 A) a GATT.
  B) the European Union.
  C) a cartel.
  D) a multinational.
  E) an orderly marketing agreement.

[juicepod]

Answer to Question 1

A

Answer to Question 2

B