One section of Jose's company's business plan involves setting up a foreign subsidiary. This arrangement involves ________.
A) making products domestically and selling them abroad
B) Jose's company giving the foreign subsidiary the right to use its brand name
C) directly investing in a foreign country
D) minimum global investment
Question 2
Licensing and franchising are similar approaches involving one organization giving another organization the right to use its brand name, technology, or product specifications in return for a lump sum payment or a fee usually based on sales.
Indicate whether the statement is true or false.
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