Ericsson, a Swedish telecommunications firm, and CGCT, a French switch maker, collaborated and decided to share management with each other in a(n) _____ agreement, which enabled them to successfully underbid AT&T for a $100 million French contract. Ericsson's money and technology combined with CGCT's knowledge of the French market enabled them to win the contract.
A) franchising
B) direct ownership
C) licensing
D) joint venture
Correct Answer:
Verified
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