One Benefit of a U

question 99

Multiple Choice

One benefit of a U.S.company entering a joint venture with an international firm is that it

• A) reduces the risks of expropriation by host country officials.
• B) enhances the policy of the host country's takeover of the firm.
• C) promotes skepticism among other countries not involved in the merger.
• D) encourages competitors to work with the company.
• E) increases revenues by 20%.

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Definitions:

Competitive Advantages

Competitive advantages are attributes that allow a company to outperform its competitors, such as superior products, branding, or efficiency.

Marketing Strategies

Overall game plans designed to achieve marketing objectives, involving targeting, positioning, and the effective allocation of resources.

Competitors

Other businesses that offer similar products or services within the same market and vie for the same potential customers.

Triple Bottom Line

An accounting framework that incorporates three dimensions of performance: social, environmental, and financial.