Which of the following terms refers to operating in ...

[luminitza]

Which of the following terms refers to operating in concentrations of related, interdependent companies within an industry that uses the same suppliers, specialized labor, and distribution channels?
 
  A) outsourcing
  B) dumping
  C) franchising
  D) clustering

Question 2

Which of the following statements is true of licensing?
 
  A) Licensing restricts finances needed for international expansion.
  B) Cross licensing grants a company the right to use a property but does not grant it sole access to a market.
  C) A major advantage of licensing is that it is the least risky method of international expansion.
  D) Licensing increases the likelihood that a licensor's product will appear on the black market.

[scrocafella]

Answer to Question 1

D

Answer to Question 2

C

[luminitza]

Thanks for the timely response, appreciate it

[Kedrick2014]

Gracias!