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katrin [286]
3 years ago
12

Worldwide Minerals Inc. wants to expand into the international market. It does not want to spend a very large amount of money fo

r this process. However, Worldwide Minerals wants to maintain some control in the foreign market. Which of the following would be the best entry mode for this firm?
a. Joint ventures
b. acquisitions
c. greenfield operations
d. exports
Business
1 answer:
slavikrds [6]3 years ago
8 0

Answer: Option A

                       

Explanation: In simple words, joint ventures refers to the business arrangement under which two or more independent parties join their operation for the purpose of doing business more effectively.

Worldwide can go for joint venture as it would be less costly then mergers and acquisitions since they have to buy a part of the entity also they can control the entity as per their share in it.

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A retail operation has an average gross margin of 35%. If the average monthly sales for the store is $200,000.00, what is the co
GarryVolchara [31]

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3 years ago
Pettit Company reports net income of $90,000 in 2019. However, ending inven- tory was understated $7,000. What is the correct ne
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