Multiple Choice
GrajQ GmbH., an automobile manufacturing company based in Germany, requires a low-risk strategy to enter China. Which of the following foreign market entry strategies is the most suitable for GrajQ?
A) minority-owned equity joint venture
B) global sourcing
C) project-based (nonequity) collaborative venture
D) wholly owned subsidiary (FDI)
Correct Answer:
Verified
Correct Answer:
Verified
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