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When Coca-Cola Acquired Major Assets of Parle Exports in India,it

question 11

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When Coca-Cola acquired major assets of Parle Exports in India,it instantly received access to Parle's huge national bottling and distribution network.This is an example of international joint venture in global markets.


Definitions:

Dominant Strategy

In game theory, a strategy that is the best for a player regardless of the strategies chosen by other players.

Payoffs

The outcomes or returns from an investment or decision, often quantified in terms of profit or loss.

Clean Common Space

Maintenance of shared environments, such as parks and public spaces, in a clean and hygienic condition for communal benefit.

Dominant Strategy

A strategy that yields the best outcome for a player, regardless of the actions taken by other players in the game.

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