Respuesta :
Answer:
Explanation:
When a company globalises, it tries to choose the best method to enter its overseas markets. Match the methods below to the definitions.
1 acquisition
An acquisition is when one company purchases most or all of another company's shares to gain control of that company. This is achieved by purchasing more than 50% of a target firm's stock and other assets.
2 Joint Venture
A joint venture (JV) is a business arrangement in which two or more companies agree to combine their resources for the purpose of accomplishing a specific business purpose.
3 Consortium
A consortium is an association of two or more companies, with the objective of participating in a common activity or for achieving a common goal.
4 Franchising
Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion.
It refers to a situation where an already established business gives permission to another company in another place to sell its products or services.
5 Licensing
A business arrangement in which one company gives another company permission to manufacture its product for a specified payment.
