If an International Firm's Core Competence Is Based on Proprietary

question 6

True/False

If an international firm's core competence is based on proprietary technology,entering a joint venture might risk losing control of that technology to the joint-venture partner.

---

Definitions:

United States

A country in North America, comprising 50 states, known for its economic and military power as well as its cultural influence worldwide.

England

A country in Europe known for its rich history, contributions to economic theory, and as the birthplace of the industrial revolution.

Demand Segmentation

The process of dividing a market into distinct subsets of customers according to different needs, characteristics, or behaviors, who might require separate products or marketing mixes.

Bubbles

Economic phenomena characterized by a rapid increase in asset prices followed by a sharp decline, often due to speculative trading.