AMA Professional Certified Marketer PCM Question # 141 Topic 5 Discussion

AMA Professional Certified Marketer PCM Question # 141 Topic 5 Discussion

PCM Exam Topic 5 Question 141 Discussion:
Question #: 141
Topic #: 5

Venus Inc., an American firm, enters into the Chinese market in association with its local partner, Xy Inc. According to the terms of the contract, the firms agreed to share profits and control, and also pool resources. Moreover, the firms also agreed to share financial burdens as well. This scenario is an example of _____.


A.

Direct exporting


B.

Direct investment


C.

Joint venture


D.

Licensing


E.

Franchising


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