Multiple Choice
A global market-entry strategy in which a foreign company and a local firm invest together to create a local business in order to share ownership, control, and profits of the new company foreign company and a local firm invest together to create a local business, it is referred to as
A) licensing.
B) joint venture.
C) direct exporting.
D) local assembly.
E) local manufacturing.
Correct Answer:

Verified
Correct Answer:
Verified
Q179: FIGURE 7-6 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4418/.jpg" alt="FIGURE 7-6
Q180: A situation where products are bought in
Q181: Joint venture refers to<br>A)a global marketing strategy
Q182: Dumping refers to<br>A)illegally disposing of unusable or
Q183: The EU has benefited its member nations
Q185: Four major trends affecting world trade in
Q186: The political and regulatory climate for marketing
Q187: FIGURE 7-9 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4418/.jpg" alt="FIGURE 7-9
Q188: In terms of the global marketplace there
Q189: FIGURE 7-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4418/.jpg" alt="FIGURE 7-1