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SucceSS Which of the following is true about joint venturing? Select one: a. Management contracting is highly risky for the domestic firm. b. Contract manufacturing
SucceSS Which of the following is true about joint venturing? Select one: a. Management contracting is highly risky for the domestic firm. b. Contract manufacturing gives significant control to the domestic firm. c. Licensing is a highly complex method for entering global markets. d. A host country partner is necessary for selling or marketing products. e. Companies are required to invest in the construction of foreign-based facilities. The Bread Company promotes its brand in new international markets by providing rights to local bakeries and bistros to use its recipes and brand name. In this case, The Bread Company's market-entry strategy is referred to as Select one: a. licensing b, exporting C. joint ownership d. contract manufacturing e. management contracting O
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