Nessca Motors, a well-known company based in Nebolina, manufactures engines. Its management recently signed a joint venture with Singletone Inc., a small company based in Trinitia. Of the following scenarios, which would be the most likely to happen?
A. The government of Trinitia will restrict Nessca Motors's entry into the country.
B. Nessca Motors and Singletone Inc. will switch to contract manufacturing as the next step.
C. Nessca Motors will buy a part of Singletone Inc.
D. Singletone Inc. will pay a royalty to Nessca Motors.
Answer: C
You might also like to view...
Many American car buyers perceive Korean cars as:
A) durable. B) cheap. C) reliable. D) of high quality. E) good investment.
Which control does not help to ensure that accurate records are kept of customer accounts and inventory?
a. reconcile accounts receivable control to accounts receivable subsidiary b. authorize credit c. segregate custody of inventory from record keeping d. segregate record keeping duties of general ledger from accounts receivable
Product costs, such as direct materials, are expensed in the period they are paid
Indicate whether the statement is true or false
A culture high on ________ feels threatened by ambiguous situations and relies on formal rules to create stability.
A. collectivism B. short-term orientation C. uncertainty avoidance D. masculinity E. power distance