Multiple Choice
ABC would like to market their products in Brazil.Armed with the design and manufacturing capability,ABC is looking for a company with the distribution channels and knowledge of the Brazil culture necessary to market their products.ABC has decided to form a partnership with XYZ in Brazil.The company will be jointly owned and independently operated.Which of the following is ABC forming with XYZ?
A) Franchise
B) Joint venture
C) Licensing agreement
D) Operating subsidiary
Correct Answer:
Verified
Correct Answer:
Verified
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