
Some countries,such as the Peoples Republic of China and to some extent India,require foreign companies to form joint ventures with domestic firms in order to enter a market.This requirement often forces technology transfers and managerial control to the domestic partner.These types of equity agreements also require the establishment of a(n) _____ channel relationship.
A) Arm's Length
B) functional
C) cooperative
D) hierarchical
E) integrated
Correct Answer:
Verified
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