首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
财经
The term“joint international business venture”,joint venture for short,has come to mean many things to many people.It sometimes
The term“joint international business venture”,joint venture for short,has come to mean many things to many people.It sometimes
admin
2014-09-18
85
问题
The term“joint international business venture”,joint venture for short,has come to mean many things to many people.It sometimes is taken to mean any joint relationship between one or more foreign firms and one or more local firms.Such a broad definition is excluded here.Joint venture will be taken to mean joint ownership of an operation in which at least one of the partners is foreign based.
Joint ventures can take many forms.A foreign firm may take a majority share,a minority share,or an equal share in ownership.While it is not necessary to have financial control or to have operating control,some firms refuse to use the joint venture form if it is not possible to have a majority position in ownership.There are firms that have few qualms about holding minority position,however,so long as they can have operating control.They achieve this through technical-aid,management,or supply contracts.
It should be recognized that maintaining operating control is sometimes difficult if one does not have financial control too.Objectives of the participants may diverge;when they do,financial control becomes important.Management may wish to reinvest earnings while the majority of the board may wish earnings distributed as dividends.Unless policy issues of this kind can be settled amicably,lack of financial control can prove to be very unsatisfactory,if not fatal.
Many joint ventures emerge as matters of necessity:that is,no single firm is willing to assume the risks entailed,while a consortium of firms is.Large,capital-intensive,long-lived investments are natural candidates for the joint venture.Exploitation of resource deposits often is done by a consortium of several petroleum or mining firms.Roles are parceled out even though each phase of the operation is owned jointly.One firm does the actual mining,another provides transportation,and still another does the refining and extraction.There is a wide variety of combinations.
Also the joint venture can pose problems,especially if it is an enforced marriage of partners.For many ventures in small countries,it is difficult to find a suitable local partner,that is,one with sufficient capital and know how t0 be able to contribute to the partnership.In some developing countries,a small handful of families control the entire locally-owned part of the industrial structure.Under these circumstances’a joint venture merely insulates them further from independent,foreign-owned plants that would compete against them.F0r this and other reasons,the only suitable partner may end up being the government itself.Most multinational firms,however,shy away from such arrangements where possible.
Which of the following is not the advantages of the joint venture?
选项
A、It can assume more risks.
B、It may gather more capital.
C、Large and long-lived investment can be carried out.
D、The partners will make concerted efforts towards one target.
答案
D
解析
文中第三段指出“objectiyes ofthe participants may diverge”。故D项错误。
转载请注明原文地址:https://kaotiyun.com/show/2Ggc777K
本试题收录于:
英语题库银行系统招聘考试分类
0
英语
银行系统招聘考试
相关试题推荐
2011年来华留学生(不含港、澳、台地区,下同)总人数比上年增长27521名,同比增幅为10.38%。其中自费生总人数266924名,比上年增长24224名,其他均为中国政府奖学金生,共计25687名。关于2011年来华留学生状况,下列说法正确的是(
Takethecaseofpubliceducationalone.Theprincipaldifficultyfacedbytheschoolshasbeenthetremendousincreaseinthenum
Couldthebadolddaysofeconomicdeclinebeabouttoreturn?SinceOPECagreedtosupply—cutsinMarch,thepriceofcrudeoilh
WhenonelooksbackuponthefifteenhundredyearsthatarethelirespanoftheEnglishlanguage,heshouldbeabletonoticea
PassagefourBankershavebeenblamingthemselvesfortheirtroublesinpublic.Behindthescenes,theyhavebeentakingaimats
PassagefourBankershavebeenblamingthemselvesfortheirtroublesinpublic.Behindthescenes,theyhavebeentakingaimats
Managersinthebusinessworldhavebeentaughttothinkintermsofcontrol.Thegoodmanagerisonewhooverseeseveryaspect
Isthereanythingmoreimportantthanhealth?Idon’tthinkso."Healthisthegreatestwealth,"wisepeoplesay.Youcan’tbeg
Inrecentdecades,thereisaphenomenonwhichmakesusgivesomeattention,theso-calledSoutheastAsian"tigers"haverivaled
TheSpanishGovernmentisSOworriedaboutthenumberofyoungadultsstilllivingwiththeirparentsthatithasdecidedtohel
随机试题
把下面的六个图形分为两类,使每一类图形都有各自的共同特征或规律,分类正确的一项是:
中外合资股份有限公司
脊髓灰质炎病毒主要侵犯
二级及二级以下公路.细集料中小于0.075mnl的颗粒含量应不小于20%。()
设函数f(x)在(一∞,+∞)上是偶函数,且在(0,+∞)内有f’(x)>0,f’(x)>0,则在(一∞,0)内必有()。
地基处理需要解决的问题有()。
赔礼、请罪时行鞠躬礼,上身应前倾15~30度。()
(1)爆发战争(2)签署和平协议(3)难民涌人邻国(4)进驻维和部队(5)发生领土纷争
Optimistsoutlivepessimists,anewstudyshows.Ofnearly100,000women【C1】______intheWomen’sHealthInitiative,thosewhoga
Theidealcompanionmachinewouldnotonlylook,feel,andsoundfriendlybutwouldalsobeprogrammedtobehaveinanagreeable
最新回复
(
0
)