With a(an) _____, the foreign company agrees to share equity and other resources with other partners to establish a new entity in the target country.

Question

Quizplus · Accepted Answer

An equity joint venture involves two or more companies joining together to form a new entity in which they share equity and resources. This is a common strategy for entering foreign markets, allowing companies to pool their strengths and share the risks and rewards of the venture.

With A(an) _____, the Foreign Company Agrees to Share Equity