Solved

When Nestlé Actually Owns a Subsidiary or Division in a Foreign

Question 42

Multiple Choice

When Nestlé actually owns a subsidiary or division in a foreign country,such as its own ice cream manufacturing operation in China,this global market entry strategy is known as ________ and represents the greatest commitment a company can make to international sales.


A) licensing
B) local assembly
C) a joint venture
D) direct investment
E) local manufacturing

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q15: A small Canadian winery located in British

Q37: The administrative,marketing,and manufacturing operations that many international

Q44: Customs are<br>A)what is considered normal and expected

Q45: All of the following should be understood

Q46: Mars,America's second-largest candy company,began doing business in

Q47: Figure 7-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1242/.jpg" alt="Figure 7-2

Q121: Yum! Brands, the restaurant division of PepsiCo,

Q176: Why is it wise for global marketers

Q219: Indirect exporting refers to<br>A) offering the right

Q250: In international trade, dumping refers to<br>A) illegally