In the Context of Foreign Market Entry, a ________ Is

question 14

Multiple Choice

In the context of foreign market entry, a ________ is a business relationship established by two or more companies to cooperate out of mutual need and to share risk in achieving a common objective without forming a separate legal entity.

• A) direct sales group
• B) consortium arrangement
• C) franchising arrangement
• D) strategic international alliance
• E) joint venture

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Definitions:

Consolidations

The combination of two or more entities into a single entity, often with the aim of enhancing efficiency or competitiveness.

Mergers

The combination of two or more entities into one, through either the acquisition of one by another or the consolidation of the entities into a new entity.

Approval Certificate

A document issued by an authoritative body that verifies certain conditions have been met or standards have been achieved.

Appraisal Rights

The right of a shareholder to demand an independent evaluation of the value of shares before a major structural change in a corporation.