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Author Question: A domestic firm and a foreign firm sharing the cost of developing new products or building ... (Read 49 times)

nautica902

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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


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Sassygurl126

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Reply #1 on: Jul 7, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: B


nautica902

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Reply 2 on: Jul 7, 2018
YES! Correct, THANKS for helping me on my review

aliotak

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Reply 3 on: Yesterday
:D TYSM

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