Forming a joint venture between a foreign corporation and a domestic company is the most popular strategy used to enter a new country.

Name: Forming a joint venture between a foreign corporation and a domestic company is the most popular strategy used to enter a new country.
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Forming a joint venture is a popular strategy because it allows the foreign corporation to benefit from the local knowledge and expertise of the domestic company, while also sharing the risks and costs of entering a new market.

Forming a Joint Venture Between a Foreign Corporation and a Domestic