Question: PepsiCo entered into a long - term contract with a South African beverage company. The contract calls for the South African firm to produce and

PepsiCo entered into a long-term contract with a South African beverage company. The contract calls for the South African firm to produce and
market Pepsi products in the country. PepsiCo will receive royalties on each case of sodas sold. This is an example of
Multiple Choice
licensing.
a joint venture.
foreign direct investment.
a foreign subsidiary.
PepsiCo entered into a long-term contract with a South African beverage

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