Which of the following would be the best option for Sew-Right if managers determine the company should be in Mexico but are hesitant about entering an unfamiliar bloc?
A) establishing a joint venture with a Mexican company
B) entering into a collaborative venture with an EU-based firm
C) opening a maquiladora facility on the Mexican border
D) establishing a greenfield investment in Mexico

Question

Quizplus · Accepted Answer

Establishing a joint venture with a Mexican company would be the best option for Sew-Right if managers determine the company should be in Mexico but are hesitant about entering an unfamiliar bloc. This will allow them to benefit from the local knowledge, connections, and experiences of the Mexican company while sharing the costs and risks associated with entering a new market.

Which of the Following Would Be the Best Option for Sew-Right