_______________ has the following advantages: firms benefit from a local partner's knowledge of the host country's competitive conditions,a firm shares development costs with a local partner,and in many countries political considerations necessitate this form of entry.
A) Wholly owned subsidiary
B) Franchising
C) Exporting
D) Joint venture
E) Acquisition

Question

Quizplus · Accepted Answer

Joint venture has the advantage of allowing firms to benefit from a local partner's knowledge of the host country's competitive conditions, sharing development costs with a local partner, and in many cases, political considerations necessitate this form of entry.

_______________ Has the Following Advantages: Firms Benefit from a Local