A major U.S. retailer wants to tap into a new market into the ...

[notis]

A major U.S. retailer wants to tap into a new market into the Brazilian market. Yet, it has little knowledge about Brazilian retailing nor consumers. Therefore, it formed a partnership agreement with a major retailer in Brazil who has extensive experience and knowledge about Brazil. This approach is called _______________.
 
  a. Direct sourcing
  b. Full package
  c. Joint venture
  d. CMT contract

Question 2

Assume a company decided to source various raw materials from all over the world. To coordinate all raw materials to be in a manufacturing site, the company would have to pay for communication and transportation cost. This cost is considered:
 
  a. Direct cost
  b. Indirect cost
  c. External cost
  d. Opportunity cost

[bblaney]

Answer to Question 1

c

Answer to Question 2

b

[notis]

Thanks for the timely response, appreciate it

[strudel15]

YES! Correct, THANKS for helping me on my review