The Opening Case indicates that many Chinese firms are doing all of the following EXCEPT
A) forming joint ventures with U.S. and other foreign firms.
B) competing in global markets such as the U.S. and Europe.
C) focusing on the Chinese domestic market only because of the influx volume of foreign entrants.
D) competing in both manufacturing and service industries.

Question

Quizplus · Accepted Answer

The Opening Case states that Chinese firms are forming joint ventures with foreign firms, competing in global markets, and competing in both manufacturing and service industries. However, it does not indicate that they are focusing solely on the Chinese domestic market because of foreign entrants.

The Opening Case Indicates That Many Chinese Firms Are Doing