Coca-Cola has built 43 bottling plants and two concentrate manufacturing plants with three separate partners in China since 1979.This is an example of a(n)_____.

Question

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Coca-Cola's establishment of bottling and concentrate manufacturing plants in China with three separate partners is an example of an international joint venture. This arrangement involves a partnership between Coca-Cola and local companies in China to jointly produce and distribute products, combining resources and expertise to operate in the local market.

Coca-Cola Has Built 43 Bottling Plants and Two Concentrate Manufacturing