A ________ may be desirable as a market entry strategy if one company does not have the necessary financial, physical, or managerial resources to enter a foreign market alone, or if the arrangement is required by the foreign government. Multiple Choice joint venture dumping exception direct investment tactical relationship supply partnership

Respuesta :

Answer:

The correct answer is letter "A": joint venture.

Explanation:

In some situations two companies want to join efforts to design, build, or launch a new product, offer a better service, share a physical space or target a new market. They want to take advantage of what each of them does better and in this way reduce costs without losing their autonomy and identity. Joint Ventures born to cover those needs. It is a type of commercial agreement of mutual investment to the short or long run between two or more individuals or entities.