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Answer: Communication is the key to everything. It is key to today's society and social media because many people need to keep an update on the world. You will want to know about the world around you. The only way to know is to use the internet or social media.
Answer:
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Answer:
(3) Joint venture
Explanation:
Once a company has decided to enter the global marketplace, it must select a means of market entry. Four general options exist: (1) exporting; (2) licensing; (3) <u>joint venture</u>; and (4) direct investment.
Joint venture refers to <u>an association that occurs between two companies that are usually located in different countries, in which they combine marketing strategies in order to increase their revenues and enter the global marketplace.</u>
An example is the joint venture of General Motors–Suzuki. This "alliance" was <u>extremely beneficial for both companies</u>, as it allowed Suzuki to access both American and European markets, while General Motors employees learned important Japanese manufacturing methods.
