A U.S. manufacturer of adaptive devices for persons with disabilities is considering expanding internationally. It is a fairly small company, but it is looking for growth opportunities. This company should primarily consider the option of Group of answer choices: A. A greenfield venture. B. Licensing. C. Exporting. D. A strategic alliance.

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• Pam recently fell ill after consuming spoiled peanut butter. She filed a successful lawsuit against the manufacturer and was awarded compensation for her medical bills totaling $4,380, emotional distress amounting to $8,700 due to her newfound fear of peanut butter, and punitive damages of $51,000. Pam is required to report the punitive damages and, unless connected to a physical injury or illness, the compensation for emotional distress as part of her gross income. Medical costs directly associated with a physical condition are typically not counted in gross income. Thus, Pam must include the $51,000 for punitive damages in her gross income and, depending on the details of her emotional distress claim, she might also need to include the $8,700.
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