A business that is jointly owned and operated by two or more firms that pool their resources to penetrate host country markets,generate and split profits,and share commercial risk is called a(n) _____.
A) license
B) franchise
C) foreign acquisition
D) strategic alliance
E) international joint venture
Correct Answer:
Verified
Q16: The only profitable way for foreign firms
Q17: A fundamental consideration that must be made
Q18: Mexico consistently has been the world's largest
Q19: A major reason why growth-oriented MNEs establish
Q20: Trade barriers lead to decreased competition from
Q22: The ultimate objective of most joint ventures
Q23: The purchase of established firms abroad with
Q24: The combination of medical treatment in a
Q25: The second stage of the product life
Q26: Of the following,which is NOT an emerging-market?
A)
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