Examlex
Choose the correct statement:
Direct Ownership
A situation where an individual or entity has full control and claim over an asset or property, without any intermediaries.
Contract Manufacturing
The outsourcing of certain production activities to third-party companies, often to save costs or leverage specialized capabilities.
Joint Venture
An arrangement in which a domestic firm partners with a foreign company to create a new entity, thus allowing the domestic firm to enter the foreign company’s market.
Exporting
Selling domestically produced products to foreign markets.
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