Abc co. wants to market their products in brazil. armed with the design and manufacturing capability, abc looks for a company with the distribution channels and knowledge of the brazilian culture necessary to market their products. after conducting research, abc decides to form a partnership with xyz inc. in brazil. the company will be jointly owned and operated. in this scenario, abc co. forms a(n) with xyz inc.
a) joint venture
b) operating subsidiary
c) franchise
d) licensing agreement

An essential element of being receptive to messages is to have an open mind true or false

Many potential buyers value high-quality used cars at the full-information market price of € p1 and lemons at € p2. a limited number of potential sellers value high-quality cars at € v1 ≤ p1 and lemons at € v2 ≤ p2. everyone is risk neutral. the share of lemons among all the used cars that might be potentially sold is € θ . suppose that the buyers incur a transaction cost of $200 to purchase a car. this transaction cost is the value of their time to find a car. what is the equilibrium? is it possible that no cars are sold

What term is used to describe the outsourcing of logistics? a. shipper managed inventoryb. hollow logistics(smi)c. sub-logisticsd. e-logisticse. third-party logistics (3pl)