PBMF Ch 5.2

Considerations in taking business to another country include Intercultural communication, Diverse workforce, Logistics, _________ and ________.

• Goods & Services

• Labor laws & Legal documents

• Imports & Exports

__________ is planning and managing the flow of goods, services, and people to a destination.

• Labor laws

• Legal documents

• Logistics

Having people from different backgrounds, cultures, or demographics come together in a group is ________.

• diversity

• intercultural communication

• interpreter

A business that operates in more than one country is a ____________.

• national corporation

• multinational corporation

• partnership

When a business sells the right to manufacture its products or use its trademark is __________.

• Licensing

• Franchise

• Joint Venture

_________ is the right to sell a company's goods or services in a specific area.

• Joint venture

• Licensing

• Franchise

The parent company that owns the chain and the brand is the _________.

• franchisor

• franchisee

• licensor

_________ is the person or company that buys the rights to use the brand.

• Franchisor

• Franchisee

• Joint venture

A partnership of two or more companies that work together for a specific business purpose is a ________.

• joint venture

• franchise

• licensing

A(n) ___________ translates a conversation between individuals who do not speak the same language.

• teacher

• interpreter

• ESL