Henry was having a few friends over for dinner, many of whom Henry knew from an international management association. Henry’s company provides services to create detailed maps of world areas from satellites, which the firm then sells via the Internet to firms, countries, and others around the world. One of his guests, Tamia, bakes cakes for a living. Her recipes are so well liked that her company has grown dramatically. She has just sold the right to manufacture her cakes to a firm in eastern Alpland. Another friend, Chang, is a director at InSpiral, and his wife, Chloe, has contracted with the breakfast chain Flapjack Frank’s to open a branch in their state, bearing all the preliminary expenses and development costs. Chang also announced that InSpiral and another company, McElwee’s, are starting a new venture. Finally, Kamala works for New Frontier technologies, which is headquartered in her home country, and is soon to go abroad to work in New Frontier’s new facility, which is an independent company that New Frontier owns and controls in another country. The guests were discussing how their companies decided to "go global."

In Scenario B, which of the following ways of entering into the global marketplace is Tamia’s company using?

Select one:

a. licensing
b. importing
c. exporting
d. merging
e. outsourcing

Respuesta :

Answer:

The strategy of entering into global marketplace that Tamia's company is using Licensing,option A.

Explanation:

Licensing is a way of growing business by allowing another business to use the firm's name,brand or even recipe in return for a fee known as royalty.

For instance,in Nigeria,Seven-Up Bottling Company was licensed by Unilever Nigeria to adopt their sachet tea brand name for their soft drink"Lipton".

Lipton is originally known with Unilever Nigeria but Seven-Up also named their soft drink with same name so as to appeal to a large share of the market buy a paying a percentage of the unit price as licensing fee to Unilever Nigeria.