Hershey Recently Linked with Indian- Based Godrej Beverages and Foods

question 143

Multiple Choice

Hershey recently linked with Indian- based Godrej Beverages and Foods to make and distribute its chocolates in that country.When it comes to selling chocolate in India,Hershey will need all the help it can from its new local partner.This is an example of which joint venture?

• A)management contracting
• B)indirect exporting
• C)contract manufacturing
• D)joint ownership
• E)licensing

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Definitions:

Convert

To change something into a different form or properties, typically to serve a different function or purpose.

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An individual who renounces their allegiance to one group in favor of another; often used in political, military, or social contexts.

Doubter

An individual inclined to question or exhibit skepticism towards certain beliefs, ideas, or the certainty of outcomes.

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An organization that facilitates the learning of its members and continuously transforms itself to better adapt and thrive.