Which of the Following Statements Is an Advantage of a Joint

question 11

Multiple Choice

Which of the following statements is an advantage of a joint venture?

• A) The entering retailer is exempted from trade taxes.
• B) Trade laws favor the entering retailer.
• C) The entering retailer takes all the profits.
• D) The entering retailer has complete control of the operations.
• E) The local partner provides an understanding of the market.

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Definitions:

Divisionalized Structures

A type of organizational structure where operations are segregated based on products, services, markets, or geographic areas.

Geographically Based

Pertaining to the physical location or region of something, often used to describe organizational units or market strategies based on geographical areas.

Client-Based

A focus or approach that prioritizes the needs, preferences, and satisfaction of clients or customers in service or product design and delivery.

Global Organizations

are businesses or enterprises that operate in multiple countries around the world, facing challenges and opportunities from diverse cultures, legal systems, and market dynamics.