Solved

ABC Appliance (Scenario) The ABC Appliance Corporation Is a Florida-Based Manufacturer of Refrigerators

Question 19

Multiple Choice

ABC Appliance (Scenario)
The ABC Appliance Corporation is a Florida-based manufacturer of refrigerators, dishwashers, and other large household appliances. ABC takes advantage of NAFTA, and as a result, the firm has loyal customers across North America. ABC managers would like to expand into the Asian market, but are unsure of the best way to do so. ABC managers are meeting to discuss various possibilities for entering the Asian market.
-Which of the following most likely supports a decision to enter the Asian market through a project-based, nonequity collaborative venture with an Asian appliance manufacturer to create an environmentally friendly dishwasher?


A) Asian firms have offered to pool their resources with ABC to create a new legal entity.
B) Managers of both firms have decided not to seek ownership, rather they have decided to pool resources.
C) ABC managers have the financial resources to quickly build a new Asian plant.
D) The Asian government has offered incentives to ABC if the firm builds a plant.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents