China does not allow foreign car manufacturers to sell vehicles independently in its country but instead requires them to partner with a Chinese company. This type of partnership is known as a
A. franchise agreement.
B. countertrade.
C. joint venture.
D. maquiladora.
E. greenfield venture.
C. joint venture.
A U.S. firm may form a joint venture, also known as a strategic alliance, with a foreign company to share the risks and rewards of starting a new enterprise together in a foreign country. Sometimes a joint venture is the only way an American company can have a presence in a certain country, whose laws may forbid foreigners from ownership. Indeed, in China, this is the only way foreign cars may be sold in that country.
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A diversified company has a parenting advantage when it
A. is more able than other companies to create positive collaboration within its portfolio for different specialty groups and geographic locations. B. results in supporting short-term economic shareholder value. C. avoids acquiring undervalued companies and thus reduces risks. D. is more able than other companies to boost the combined performance of its individual businesses through its high-level guidance, general oversight, and other corporate-level contributions. E. manages a set of fundamentally similar business operations inside fundamentally similar industries and environments.
High tariffs lead to more production locations within a supply chain network, with each location having a lower allocated capacity
Indicate whether the statement is true or false.
A "bill and hold" scheme is most likely to include:
A. Billing of items that are held by customers for future revenue production purposes. B. Recording as sales items that the company retains as of year-end. C. Selling items at substantial discounts near year-end. D. Shipment of items to a customer beyond what the customer has ordered.
Use the information in Scenario 9.6. Due to new ordering procedures initiated by Bonpensiero, the ordering cost is drops to $4 per order. At the same time, the weekly demand increases to 64 units per week due to an increase in business
What effect do these changes have on the EOQ quantity for this item? A) The EOQ quantity remains unchanged. B) The EOQ quantity increases by 20%. C) The EOQ quantity decreases by 20%. D) Sufficient information is not available to answering this question.