General Motors is a multinational company. In most countries in which it operates, General Motors opens facilities that give it total control over manufacturing and other processes. However, in China General Motors must partner with domestic companies due to legal and regulatory constraints. In these cases, GM owns part of the company, while the domestic firm owns the other part. In most countries, GM engages in ____________, but in China it engages in _______________.

A. direct ownership; strategic alliances
B. strategic alliances; joint ventures
C. exporting; joint ventures
D. direct ownership; joint ventures
E. exporting; strategic alliances


Answer: D

Business

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