For its South American operations,Caterpillar performs most functions at its U.S.headquarters but markets through cooperative relationships with local distributors.Based on this information,which entry mode is Caterpillar using in South America?
A) Internal new venture
B) Joint venture
C) Merger
D) Acquisition
E) Intrapreneurship

Question

Quizplus · Accepted Answer

Caterpillar is using a joint venture entry mode in South America, as it has cooperative relationships with local distributors for marketing but performs most functions at its U.S. headquarters.

For Its South American Operations,Caterpillar Performs Most Functions at Its