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:

Mainstream

The dominant trends, values, or practices within a society, culture, or professional field.

Competitive Advantages

Unique attributes or conditions that allow an organization or country to produce goods or services more efficiently or at a better quality than competitors.

Diverse Workforce

An inclusive representation of individuals in an organization, encompassing a variety of cultural, racial, gender, age, and other differences.

Perceived Organizational Support

The degree to which employees believe that their organization values their contributions and cares about their well-being.