What is apparently the major reason so many companies from all over the world are
embracing the maquiladoras concept?
a. Lower transportation costs
b. Efficient use of raw materials
c. Ability to avoid regulatory problems
d. Improved technology
e. Cheap labor
Question 2Elmore Incorporated has just signed an agreement to furnish its technology to a foreign
company that will manufacture Elmore's product, sell it in the foreign country, and pay
Elmore a specified percentage of its sales. This kind of arrangement is known as
a. a joint venture/strategic alliance.
b. licensing.
c. direct investment.
d. exporting.
e. global involvement.