Question: What are the advantages and disadvantages of forming a joint
What are the advantages and disadvantages of forming a joint venture to serve a foreign market compared to serving that market with a wholly owned production subsidiary?
Relevant QuestionsWhat are the advantages and disadvantages of serving a foreign market through a greenfield foreign direct investment compared to an acquisition of a local firm in the target market? The following operating strategies, among others, are expected to reduce damage from political risk. Explain each, and how it reduces damage. a. Local sourcing. b. Facility location. c. Control of technology. d. Thin ...The United States has a law prohibiting U.S. firms from bribing foreign officials and business persons, even in countries where bribery is a normal practice. Some U.S. firms claim this places the United States at a ...Capital budgeting for a foreign project uses the same theoretical framework as does domestic capital budgeting. What are the basic steps in domestic capital budgeting? A foreign subsidiary does not have an independent cost of capital.
Post your question