ABC Tractor Company Wants to Enter the Chinese Market

question 5

Multiple Choice

ABC Tractor Company wants to enter the Chinese market.Chinese law prevents foreign entities from owning a majority position in a company there.The best method of entry for ABC is _________.

• A) Franchise
• B) Joint venture
• C) Direct sales force
• D) Strategic alliance
• E) Licensing

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Definitions:

Stillborn

Refers to a baby who is born dead after 24 completed weeks of pregnancy.

HIV

Human Immunodeficiency Virus, a virus that attacks the immune system, and without treatment, can lead to AIDS (Acquired Immunodeficiency Syndrome).

Amniotic Fluid

The protective liquid contained within the amniotic sac, surrounding and cushioning the fetus during pregnancy.

Blood Vessels

Tubular structures carrying blood throughout the body, including arteries, veins, and capillaries.