Hershey recently linked with Indian- based Godrej Beverages and Foods to make and distribute its chocolates in that country.When it comes to selling chocolate in India,Hershey will need all the help it can from its new local partner.This is an example of which joint venture?
A)management contracting
B)indirect exporting
C)contract manufacturing
D)joint ownership
E)licensing

Question

Quizplus · Accepted Answer

This scenario describes a joint ownership venture, where Hershey collaborates with Godrej Beverages and Foods to produce and distribute chocolates in India, sharing ownership and control.

Hershey Recently Linked with Indian- Based Godrej Beverages and Foods