Identify a benefit of using a joint venture to enter a foreign market
A) It entails minimum risk.
B) It provides access to an established distribution network in the host country.
C) It yields the highest returns.
D) It retains full control of its investment in the host country.
E) It is the best strategy for countries with psychic proximity.
B
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While choosing countries to invest in, companies sometimes choose psychic proximity to their own country. Psychic proximity can best be defined as ________
A) countries in which the company feels comfortable with the language, laws, and culture B) countries that are located close C) countries that the home country's management team have visited D) countries that have no trade barriers E) countries with good infrastructure and stable political environment
Coalitions usually remain intact after the successful resolution of their issue.
Answer the following statement true (T) or false (F)
Interest in organized labor is one of the most common attributes among the working class
Indicate whether the statement is true or false a. True b. False
Generally, government inspectors have the right to enter business premises without a warrant.
Answer the following statement true (T) or false (F)