Technology Experts Is a U

question 81

Multiple Choice

Technology Experts is a U.S.company that specializes in IT research.It has formed a joint venture with Processor Inc. ,a Canadian organization that has a reputation of producing quality PCs,to market laptops in China,sharing the risks and rewards of starting the new enterprise together.This is an example of a(n) ___.

• A)strategic alliance
• B)global strategy
• C)export strategy
• D)import strategy
• E)franchising strategy

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Definitions:

Directly Responsible

Bearing immediate accountability for actions, tasks, or outcomes, without intermediary delegation or oversight.

Profit Maximization

The process of increasing a company's profit to the highest possible level through the adjustment of sales, production, and pricing strategies.

Society's Resources

The assets, both tangible and intangible, that are available for use by the members of a society.

Government Intervention

Actions taken by a government to influence or directly regulate economic, social, or other activities within a country.