Which of the following is true of a joint ownership?
A) The domestic firm exports management services rather than products.
B) Whereas local firms like to reinvest earnings for growth, many U.S. firms often prefer to take out these earnings.
C) Whereas U.S. firms emphasize the role of marketing, local investors may rely on selling.
D) The domestic company sells its trademark and patent for a fee or royalty.
E) The domestic company is in total possession and control of the business.
Correct Answer:
Verified
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