Which of the Following Statements Is a Benefit of International

question 44

Multiple Choice

Which of the following statements is a benefit of international joint ventures?

• A) Shared technology
• B) Shared marketing and management expertise
• C) Entry into markets where foreign companies are often not allowed unless their goods are produced locally
• D) All of the responses are correct

---

Definitions:

Conviction

The firm belief in the truth of one’s products or services, often seen as necessary for successful sales efforts.

Prospect

A potential customer or client who has been identified as fitting a target market or demographic but has not yet made a purchase.

Mental Steps

The cognitive processes or stages one goes through when solving a problem or making a decision.

Purchasing Decision

The process of evaluating and choosing among alternative products or services to fulfill a need or desire.