Match each term in Column A with its related definition in Column B. Column A 1. __________
Question:
Match each term in Column A with its related definition in Column B.
Column A
1. __________ Maquiladora
2. __________ Import
3. __________ Joint venture
4. __________ Export
5. __________ MNC
Column B
a. A company that does business in more than one country in such volume that its wellbeing and growth rest in more than one country.
b. A company purchases materials or parts from another company that is located in a foreign country.
c. A company sells its product to purchasers located in foreign countries.
d. A type of partnership in which investors from one country co-own the enterprise with investors from another country.
e. A manufacturing plant located in Mexico that processes imported materials and reexports them to the United States.
PartnershipA legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...
Step by Step Answer:
Managerial Accounting The Cornerstone of Business Decision Making
ISBN: 978-1337115773
7th edition
Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger