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Byju's Answer

Standard XII

Business Studies

NSE and BSE

Joint venture...

Question

Joint venture is a common strategy to enter into a/an ____________.

Indian market

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foreign market

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domestic goods market

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producers market

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Solution

The correct option is B foreign market
Joint venture is a common strategy to enter into a foreign market as the domestic company jointly ventures into the foreign market with a domestic company of that region with the required resources and finances.

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Joint venture is a common strategy to enter into a/an ____________.

The correct option is B foreign marketJoint venture is a common strategy to enter into a foreign market as the domestic company jointly ventures into the foreign market with a domestic company of that region with the required resources and finances.

The correct option is B foreign market
Joint venture is a common strategy to enter into a foreign market as the domestic company jointly ventures into the foreign market with a domestic company of that region with the required resources and finances.