Pepsi Tried Unsuccessfully for Years to Get into the Indian

question 43

Multiple Choice

Pepsi tried unsuccessfully for years to get into the Indian market as a wholly owned subsidiary.Finally the company found a powerful local partner in the Indian beverage industry with whom to enter into a joint venture.The joint venture was quickly approved.In this example,Pepsi chose to employ the ____ strategy for managing regulatory change.

• A)alter
• B)avoid
• C)accede
• D)ally

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Definitions:

Price

The amount of money expected, required, or given in exchange for something else.

Gallons

A unit of volume measurement used primarily in the United States for liquids, equal to 3.785 liters.

Economic Questions

Fundamental questions addressing how an economy decides on what to produce, how to produce it, and for whom to produce, reflecting allocation of resources.

Government

The system or group of people governing an organized community, often a state, including institutions and officials that make and enforce laws.