Business
Business, 27.05.2020 19:06, michaellevingston46

Entering into a new industry involves substantial risks and costs because a company must make the huge investment necessary to develop the set of value-chain activities required to make and sell. This is why joint ventures are commonly used to enter a(n) . a. crowded industry b. acquisition c. growth industry d. new business unit By entering into a joint venture with Chery' Automobile, Jaguar-Land Rover will be depending on some of Chery's distinct competencies. What is one of those competencies that will aid Jaguar-Land Rover in diversifying its car manufacturing to China? a. Competency of serving the local Chinese market b. Competency in serving the international Chinese market c. Competency of manufacturing Jaguar-Land Rover cars d. Competency of doing business with American companies

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