Question: Question 1 ( 1 point ) Ronald is planning to expand his family business internationally and is currently in the process of purchasing materials, manufacturing

Question 1(1 point)
Ronald is planning to expand his family business internationally and is currently in
the process of purchasing materials, manufacturing components, and locating
business services around the world. Which of the following best describes his
actions?
licensing
global sourcing
outsourcing
franchising
insourcing
 Question 1(1 point) Ronald is planning to expand his family business

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!