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Ericsson Is a Swedish Telecommunications Firm

Question 124

Multiple Choice

Ericsson is a Swedish telecommunications firm.GCCT is a French electronics switch manufacturer.With the use of Ericsson's money and technology and GCCT's knowledge of the French market,the two companies created a new entity and beat out AT&T for a $100 million contract with the French government.The relationship between the two companies is an example of:


A) contract manufacturing
B) exporting
C) direct investment
D) contract bidding
E) a joint venture

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