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Business, 18.10.2019 00:00 chantihock05

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

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