Hexagon corporation, an american high-tech company, wants to set up operations in a foreign country to profit from its core competency in technological know-how. therefore, the company needs to select an entry mode that offers protection of technology. which of the following entry modes is most suitable for hexagon corporation? a) wholly owned subsidiary b) turnkey project c) franchising d) joint venture e) strategic alliance

The government often provides goods that are nonrivalrous and nonexclusive to overcome which market failure

Which of the following is false regarding the links between jit and quality? a. jit increases the cost of obtaining good quality. b. as quality improves, fewer inventory buffers are needed; in turn, jit performs better. c. jit reduces the number of potential sources of error by shrinking queues and lead times. d. inventory hides bad quality; jit immediately exposes it. e. if consistent quality exists, jit allows firms to reduce all costs associated with inventory.

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