ventures consist of one company collaborating with foreign investors to create a local business in which they share possession and control. For example, Kellogg was able to move strongly and quickly into emerging markets in West Africa by taking this approach.
A) Direct investment
B) Management contracting
C) Contract manufacturing
D) Joint ownership
E) Licensing

Question

Quizplus · Accepted Answer

Joint ownership involves a company collaborating with foreign investors to create a local business, sharing both possession and control, as described in the example of Kellogg in West Africa.

Ventures Consist of One Company Collaborating with Foreign Investors to Create