Which option allows a U.S. company to establish a new enterprise in a

QUESTION

Which option allows a U.S. company to establish a new enterprise in a foreign country while limiting some of the risk?

A) offshoring
B) joint venture
C) foreign subsidiary
D) foreign licensing
E) exporting

ANSWER

Answer: B
Explanation: B) By forming an alliance with a local company or partner, both parties share in the risk of the new enterprise.