Entering a foreign market by partnering with local firms to produce or market an offering is known as what?

Correct answer A. Joint venturing

Explanation

Joint venturing joins a company with foreign partners to produce or market products, giving local knowledge and shared risk compared with exporting alone.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.