Which of the following is true about joint venturing?
A) Contract manufacturing gives significant control to the domestic firm.
B) Companies are required to invest in the construction of foreign-based facilities.
C) Licensing is a highly complex method for entering global markets.
D) A host country partner is necessary for selling or marketing products.
E) Management contracting is highly risky for the domestic firm.

Question

Quizplus · Accepted Answer

Joint venturing often involves partnering with a host country firm to sell or market products, leveraging local knowledge and networks.

Which of the Following Is True About Joint Venturing