A Domestic Firm and a Foreign Firm Sharing the Cost

question 57

Multiple Choice

A domestic firm and a foreign firm sharing the cost of developing new products or building production facilities would be called a __________.

• A) franchising agreement
• B) strategic alliance
• C) foreign subsidiary
• D) brokering agreement
• E) transnational venture

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Definitions:

Social Construction

A concept that suggests various aspects of society, including knowledge, beliefs, norms, and roles, are created and maintained through social interaction.

Abby L. Ferber

An author and academic known for contributions to discussions on race, gender, and white privilege.

Caucasian Jews

Jewish individuals originating from the Caucasus region or sometimes referring to Ashkenazi Jews.

Privileged Group

A social group that is given unearned societal advantages and benefits over other groups based on race, gender, class, or other sociopolitical markers.