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Question
Some countries, such as the Peoples Republic of China and to some extent India, require foreign companies to form joint ventures with domestic firms in order to enter a market. This requirement often forces technology transfers and managerial control to the domestic partner. These types of equity agreements also require the establishment of a(n) _____ channel relationship.a. Arm's Length
b. functional
c. cooperative
d. hierarchical
e. integrated
Answer
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d. uses short-term follow-ups, which focus on product delivery
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