WAEC Marketing 2022 Objective — Question 35
Question 35 of 40 from the West African Examinations Council (WAEC) Marketing 2022 Objective paper, with the correct answer and a full explanation.
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A form of engaging in international marketing that involves the pooling of resources between local and foreign firms is
- A. joint ventureCorrect
- B. direct investment
- C. franchising
- D. licencing
Explanation
Joint venture involves two or more firms (local and foreign) pooling resources together to run a business.
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