If You Always Put Many Kilometers on a Car and Keep

question 1

Multiple Choice

If you always put many kilometers on a car and keep it for at least ten years, it would probably be best to

• A)lease a new car.
• B)lease a used car.
• C)buy a new car.
• D)buy a used car.

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Definitions:

Joint Venture

A strategic alliance between two or more parties to undertake economic activity together.

Global Expansion Strategy

A plan implemented by businesses to increase their presence in various international markets.

Subsidiary

A company that is owned or controlled by another company, often referred to as the parent company.

Industry Expertise

Specialized knowledge and skills in a specific industry, gained through experience and study.