A Checklist for Selecting Joint Venture Partners in a Foreign

question 27

Multiple Choice

A checklist for selecting joint venture partners in a foreign country should include which of the following?

• A) Choose a foreign partner with activities that relate closely to your firm's major business.
• B) Choose a foreign partner with a strong local workforce.
• C) Choose a foreign partner with good profit potential and sound financial standing.
• D) All of the options listed
• E) None of the options listed

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Definitions:

Shaft Key

A mechanical component used to secure a rotating machine element, like a gear or pulley, to a shaft, preventing relative motion between them.

Motor

An electromechanical device that converts electrical energy into mechanical energy, commonly used to power machines.

Rotates

The action of an object turning around an axis, commonly referring to parts within machinery or motors.

Motor Housing

The protective casing around a motor that houses its components and protects them from external damages.