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s2008m [1.1K]
3 years ago
15

As a general rule, the Chinese government allows foreign companies to participate in its market only if those companies agree to

establish operations with local Chinese enterprises. Which market entry mode would be the appropriate choice under these circumstances?A) acquisition
B) licensing
C) joint venture
D) exporting
E) franchising
Business
1 answer:
stealth61 [152]3 years ago
7 0

Answer:

C. Joint Venture

Explanation:

A Joint Venture is a business agreement in which two or more parties agree to combine their resources in order to achieve an objective.

Companies use Joint Ventures to partner with foreign businesses in order to enter their market. This is what China is proposing in the scenario above, and it has been done in order that China might have a stake in those businesses.

<u>Advantages of a Joint Venture include:</u>

  • Access to new markets.
  • Pooling of resources.
  • Low cost of production.
  • Access to expertise ans technology, and so on.

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The cyclical surplus is $450 billion, potential output is $10 trillion and tax rate is 15 percent. With this information, we can
Nitella [24]

Answer:

$13 trillion.

Explanation:

The actual output of economy can be calculated using the following mentioned formula:

Cyclical deficit=tax rate in question(potential output - actual output)

-$450 billion=0.15($10 trillion-actual output)

-$450 billion=$1.5 trillion-0.15*actual output

0.15*actual output=$1.5 trillion+$450 billion

0.15*actual output=$1.95 trillion

Actual output=$13 trillion.

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4 years ago
________ consists of arranging for a market offering to occupy a clear, distinctive, and desirable place relative to competing p
Bogdan [553]
That is called "differentiation"
7 0
4 years ago
Pls help me and thank you
Deffense [45]

Answer:

I think, it is B im not too sure.

Hope this helped!

Explanation:

7 0
3 years ago
Read 2 more answers
A country that advances its national interests abroad by prioritizing international cooperation, compromising with foreign allie
Neko [114]

Answer:

A country that advances its national interests abroad by prioritizing international cooperation, compromising with foreign allies, and participating in international organizations such as the United Nations is following a _____.

c. multilateralism grand strategy

Explanation:

The emphasis placed on relationships between other countries is dictated by a country's preferred objectives.  If the country encourages international relationships and cooperation with others, it is engaged in multilateralism.  This refers to an alliance of multiple countries pursuing a common goal, like the United Nations.  The opposite of this diplomatic strategy is called unilateralism.  This implies that the country chooses to go it alone without seekings the cooperation of others.  An example is when one country launches a military attack on another without seeking for the help or approval of other friendly countries.

6 0
3 years ago
While Mary Corens was a student at the University of Tennessee, she borrowed $8,000 in student loans at an annual interest rate
Papessa [141]

Answer:

6.93 years

Explanation:

For computing the number of years we use the NPER formula i.e to be shown in the attachment

Given that

Present value = $8,000

Future value = $0

Rate of interest = 9%

PMT = $1,600

The formula is shown below:

= NPER(Rate;PMT;-PV;FV;type)

The present value come in negative

So, after applying the above formula, the number of years is 6.93 years

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3 years ago
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