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
102
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
2012年,黄山市全年接待海内外旅游者3641.3万人次,比上年增长19.2%。其中:接待国内旅游者3481.0万人次,增长19.1%;接待入境旅游者160.3万人次,增长22.0%。在入境旅游者中。外国人92.8万人次,增长21.6%;港澳台同胞67.5
Takethecaseofpubliceducationalone.Theprincipaldifficultyfacedbytheschoolshasbeenthetremendousincreaseinthenum
PassageoneManyobjectsindailyusehaveclearlybeeninfluencedbyscience,buttheirformandfunctlon’theirdlmensionsand
Hecannothavesaidsuchathing.Heis——persontotellaile.
Managersinthebusinessworldhavebeentaughttothinkintermsofcontrol.Thegoodmanagerisonewhooverseeseveryaspect
Sevenyearsago,whenIwasvisitingGermany,Imetwithanofficialwhoexplainedtomethatthecountryhadaperfectsolutiont
It’sfromMay1toOctober31,2010_________theWorldExpo2010beheld,_________wasagreateventfortheChinesepeople.
Isthereanythingmoreimportantthanhealth?Idon’tthinkso."Healthisthegreatestwealth,"wisepeoplesay.Youcan’tbeg
Nowadayswiththedevelopmentofscience,moreandmorenewtechnology______tothefieldsofIT.
Myparentsknewtheirwealth:eachother,theirsixchildren,andtheirfaith.Theytriedtolivesimplelivessothattheycoul
随机试题
下列关于制图综合体选取顺序的说法中,错误的是()。
在绘制现金流量图时,应把握的要素有现金流量的()。
工业管道水压试验规定强度试验压力仅为1.25P的管道是( )。
企业自创商誉、自创品牌可以确认为无形资产。()
岗位分析的最终成果是制作出岗位说明书和()。
“只有音乐才能激起人的音乐感,对于没有音乐感的耳朵,最美的音乐也毫无意义”这表明()。
Istheresomethingastruth?Foragoodmanycenturies"thesearchfortruth"hasbeen【C1】______thenoblestactivityofthehuma
成为垄断者的厂商可以任意定价,这种说法对吗?
一些城市,由于作息时间比较统一,加上机动车太多,很容易造成交通早高峰和晚高峰,市民们在高峰时间上下班很不容易,为了缓解上下班时间的交通压力,某政府顾问提议采取不同时间段上下班制度,即不同单位可以在不同的时间段上下班。以下哪项如果为真,最可能使该顾
地壳的沉积岩随着层状物质的聚集以及上层的物质的压力使下层的物质变为岩石而硬化。某一特定沉积岩层中含有异常数量的钇元素被认为是6000万年前一陨石撞击地球的理论的有力证据。与地壳相比,陨石中富含钇元素。地质学家创立的理论认为,当陨石与地球相撞时,会升起巨大的
最新回复
(
0
)