India, like some other countries, may require entering firms to create ________ when expanding into their markets, limiting outsiders' control of businesses.

Question

Quizplus · Accepted Answer

Joint ventures are a common practice in India, where local partners are required by law to hold at least 51% of the equity in the venture. This limits the control that foreign firms may have over the business operations.

India, Like Some Other Countries, May Require Entering Firms to Create