Author Question: A domestic firm and a foreign firm sharing the cost of developing new products or building ... (Read 41 times)

nautica902 · **on:** Jul 7, 2018

A domestic firm and a foreign firm sharing the cost of developing new products or building production facilities in a foreign country constitute a ________.

A) franchising agreement
B) strategic alliance
C) foreign subsidiary
D) joint venture

Question 2

In 1984 Toyota and General Motors formed a company called NUMMI to build cars carrying both the General Motors and Toyota brands. NUMMI is an example of a(n) ________.

A) equity strategic alliance
B) joint venture
C) global venture
D) nonequity strategic alliance