Which of the Following Can Cause a Firm to Choose

question 67

Multiple Choice

Which of the following can cause a firm to choose joint ventures as a mode of expansion into foreign markets?

• A) excellent managerial resources
• B) lack of sufficient finances
• C) lack of redtapism in the host country
• D) preferences of target consumers in the host country
• E) psychic proximity of the host country

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Definitions:

Human Capital Asset

Refers to the collective skills, knowledge, and abilities of an organization's employees that can be leveraged to achieve competitive advantage and generate economic value.

Statistical Technique

A method derived from mathematics and used for analyzing and interpreting data, allowing for the determination of patterns, trends, and relationships.

HR Examining

The process by which Human Resources departments assess and evaluate the health, policies, and practices of their organization's HR functions.

Competitive Advantage

A scenario or variable that positions a business more favorably or advantageously in relation to its competitors.