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A Global Market-Entry Strategy in Which a Foreign Company and a Local

Question 184

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.

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