In the Context of Modes of International Market Entry, Which

question 13

Multiple Choice

In the context of modes of international market entry, which of the following statements is true of a joint venture?

• A)It is a favored way to enter markets that are close to the home market.
• B)It involves cultural barriers that increase the difficulty of operations.
• C)It avoids sharing resources, risks, and rewards.
• D)It offers the least amount of control of all the various modes of entry.

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Definitions:

Experiential System

Refers to a way of processing information that is automatic, holistic, and driven by emotions and personal experience.

Automatized Behavior

Actions or behaviors that have become automatic due to repetition and are performed without conscious thought.

Cognitive Processes

Mental activities involved in the acquisition, processing, and storage of knowledge.

Stereotype

Overgeneralized beliefs about a particular category of people that simplifies the complexity of human behaviors and characteristics.