All of the Following Are Advantages for a Firm Entering

question 81

Multiple Choice

All of the following are advantages for a firm entering into a joint venture except

• A) the firm may be able to benefit from a partner's knowledge of the host country's competitive position, culture, language, political systems etc.
• B) the firm gains by sharing costs and risks of operating in a foreign market.
• C) the firm will have tight control over a foreign subsidiary needed to engage in coordinated global attacks against rivals.
• D) it allows firms to take advantage of a partner's distribution system, technological know-how, or marketing skills.

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Definitions:

Security Agreement

A contract that grants a lender a security interest in a specified asset or property, serving as collateral for a loan.

Personal Property Registry

The Personal Property Registry is a legal database where security interests in personal property (items other than real estate) are registered, facilitating the public notice of claims.

Personal Property Registry

A legal registry for the public recording of interests in personal property (excluding real estate) to establish priorities and rights in that property.

Encumbrances

Legal claims or liens on property that may restrict its use or transferability, such as mortgages or easements.