According to the Opening Case about entry into China, a common entry strategy for automobile firms such as General Motors and Volkswagen is
A) exporting.
B) acquisitions.
C) licensing.
D) joint ventures.

Question

Quizplus · Accepted Answer

According to the Opening Case, the common entry strategy for automobile firms such as General Motors and Volkswagen is joint ventures. This is because joint ventures allow foreign firms to partner with Chinese firms and navigate complex regulations and cultural differences, while also sharing risks and resources.

According to the Opening Case About Entry into China, a Common