Question

Gondola Granola is an American health food grocery store chain with locations in 20 countries. When the company enters a new foreign market, it usually select a combination of franchising and master subsidiaries. These master subsidiaries are joint ventures with local partners. Specifically, these joint ventures are politically more acceptable and they Multiple Choice 0 o help realize location and experience curve economies 0 o avoid high transport costs. o ensure a steady stream of royalty payments. 0 o tend to provide a higher control over technology o bring a degree of local knowledge to the subsidiary

Answer 1

bring a degree of local knowledge to the subsidiary. - is correct

these joint ventures are politically more acceptable and they bring a degree of local knowledge to the subsidiary.