Which of the Following Is a Key Reason That a Focal

question 8

Multiple Choice

Which of the following is a key reason that a focal firm would most likely enter a collaborative venture with a foreign firm?

• A) The foreign firm can fill an important gap in the focal firm's value chain.
• B) The foreign firm requires the focal firm's financial resources to compete locally as well.
• C) The focal firm wants to duplicate a competitor's marketing strategies abroad.
• D) The market abroad is saturated; there is no scope for the focal firm's products or services.

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Definitions:

Government in Sunshine Act

A law that requires certain meetings of governmental agencies to be open to the public.

Federal Register

The government publication in which an agency publishes each proposed rule, along with an explanation of the legal authority for issuing the rule and a description of how the public can participate in the rule-making process, and later publishes the final rule.

Class B License

A type of driver’s license that permits the holder to operate certain types of vehicles, such as heavy trucks and vehicles with trailers, depending on the issuing jurisdiction.

Class C License

A type of driver's license that allows the operation of vehicles designed to transport 16 or fewer passengers, including the driver, typically personal cars.