Supernova Inc

question 58

Multiple Choice

Supernova Inc.wishes to enter a new market to expand its business.Realizing that the resources within the firm might not be sufficient to establish a new business unit, the company has entered into an agreement with Alba Inc.; both the companies will combine their resources and skills to establish and manage the new unit.Which of the following entry modes has Supernova Inc.adopted?

• A)Internal new venture
• B)Joint venture
• C)Divestment
• D)Acquisition
• E)Outsourcing

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Definitions:

Nominal Group Technique

A structured method for group brainstorming that encourages contributions from everyone in the group by giving them equal opportunity to participate.

Secret Vote

A voting method where the voters' choices are confidential, ensuring privacy and reducing the likelihood of influence or coercion.

HR Demand

This term refers to the projected need for employees in an organization based on its future business activities and strategic goals.

Skills Requirements

The specific skills and abilities that an individual needs to possess in order to perform effectively in a particular job or task.