Identify a benefit of using a joint venture to enter a foreign market
A) It entails minimum risk.
B) It provides access to an established distribution network in the host country.
C) It yields the highest returns.
D) It retains full control of its investment in the host country.
E) It is the best strategy for countries with psychic proximity.
B
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Felix Sales, Inc offers warranties on all its electronic goods
Warranty expense is estimated at 3.5% of sales revenue. In 2017, Felix had sales of $333,000. In the same year, Felix replaced defective goods with merchandise inventory costing $8,750. Prepare the journal entry to record the warranty expense. What will be an ideal response
The family in a buyer's life consisting of parents and siblings is the ________
A) family of procreation B) family of influence C) family of efficiency D) family of orientation E) purchasing family