Solved

Over the Last Two Years, an American Clothing Manufacturer Has

Question 93

Multiple Choice

Over the last two years, an American clothing manufacturer has partnered with a manufacturer in China to make clothes at a cheaper cost. How is this beneficial to both countries?


A) It is a strategic alliance in which two countries share the risks and rewards of starting a new enterprise together in a foreign country.
B) It is a wholly owned subsidiary in which a foreign subsidiary is totally owned and controlled by an organization.
C) It is a greenfield venture in which owning the organization has been built from scratch.
D) It is an example of a franchise in which a company allows a foreign company to pay it a fee and a share of the profit in return for using the first company's brand name and a package of materials and services.
E) It is an example of countertrading in which the country is bartering for goods.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents