A Global Market Entry Strategy in Which a Foreign Company

question 135

Multiple Choice

A global market entry strategy in which a foreign company and a local firm invest together to create a local business in order to share ownership, control, and profits of the new company is referred to as

• A) licensing.
• B) a joint venture.
• C) direct exporting.
• D) contract assembly.
• E) dual adaptation.

---

Definitions:

Meningitis

An inflammation of the protective membranes covering the brain and spinal cord, known collectively as the meninges.

Cerebrospinal Fluid

A clear, colorless body fluid found in the brain and spine, providing cushioning for the brain, removing waste, and carrying nutrients.

Spinal Tap

A medical procedure, also known as lumbar puncture, where a needle is inserted into the lower back to collect cerebrospinal fluid for testing.

Fever

A temporary increase in body temperature, often due to an illness, which is a part of the immune system's attempt to combat infection.