205k views
2 votes
________ is a method of entering a foreign market that involves a company coming together with a foreign company to produce or market products or services.

1 Answer

1 vote

Answer:

The correct word for the blank space is: Joint venturing.

Step-by-step explanation:

Two or three international companies plan to provide capital and resources to a common project in a Joint Venture. Developers, manufacturing companies, and service providers usually form a joint venture. Both groups, if successful, split the profits based on the value of their respective contributions to the joint venture.

User Amos Long
by
3.5k points