Most service firms have found that ________ with local partners work best for the master controlling subsidiaries.
A) joint ventures
B) licensing agreements
C) greenfield investments
D) turnkey projects

Question

Quizplus · Accepted Answer

The subsidiaries may be wholly owned or joint ventures, but most service firms have found that joint ventures with local partners work best for the master controlling subsidiaries. A joint venture is often politically more acceptable and brings a degree of local knowledge to the subsidiary.

Most Service Firms Have Found That ________ with Local Partners