M: Business 3rd Edition by O. C. Ferrell, Geoffrey Hirt, Linda Ferrell

Exercise 75

Because many countries do not permit foreign companies to purchase and operate facilities in their countries, a company wishing to do business in such a country may share the business costs with the host country by forming a

A. direct investment.

B. contract manufacturing arrangement.

C. corporation.

D. joint venture.

E. sole proprietorship.