Which of the Following Is Most Likely a Benefit of Joint

question 91

Multiple Choice

Which of the following is most likely a benefit of joint ownership?

• A) It allows a firm to gain the financial and managerial resources that it may otherwise lack.
• B) It is the simplest way for a domestic company to enter a foreign market.
• C) It minimizes the need to build a new manufacturing facility in the foreign market.
• D) It allows one firm to acquire complete ownership of the other firm in the venture.
• E) It provides significant economies of scale for both the local firm and the foreign investor.

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Definitions:

Cognitive Schemas

Mental structures that an individual uses to organize knowledge and guide cognitive processes and behavior.

Lanugo

Fine, soft hair, especially that which covers the body and limbs of a human fetus or newborn.

Skeleton

The internal framework of bones and cartilage in vertebrates that provides support, protection, and shape to the body.

Vernix

Vernix, or vernix caseosa, is a waxy or cheese-like white substance found coating the skin of newborn babies, providing protection in the womb.