A new and exciting opportunity has appeared that enables Jennifer and James to form a joint venture with a bank in Japan.This partnership will involve less risk and commitment than ________.
A)exporting
B)foreign contracting
C)setting up a foreign subsidiary
D)licensing
E)franchising

Question

Quizplus · Accepted Answer

Setting up a foreign subsidiary involves more financial and legal commitment than forming a joint venture with a bank in Japan. Exporting, foreign contracting, licensing, and franchising also involve varying levels of risk, investment, and commitment.

A New and Exciting Opportunity Has Appeared That Enables Jennifer