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
80
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 true according to the text?
选项
A、A foreign firm often takes a majority share in a joint venture.
B、Lack of financial control may be fatal to a firm participating in joint venture.
C、Joint venture is very helpful to developing countries.
D、Government is the best partner in a joint venture.
答案
B
解析
由第三段最后一句可以看出,B项是正确的。
转载请注明原文地址:https://kaotiyun.com/show/9Ggc777K
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
__________,parentslovetheirchildren.
GovernorOgden’sneweconomicpolicieswillfocuson__________morejobsinPaxtonCounty.
Couldthebadolddaysofeconomicdeclinebeabouttoreturn?SinceOPECagreedtosupply—cutsinMarch,thepriceofcrudeoilh
3515MassachusettsAvenue,S.EWashington,D.C10019March10,19一CanyonRoadrunnersStoreSantaFe.NM87501DearPersonnelDi
HomestayprovidesEnglishlanguagestudentswiththeopportunitytospeakEnglishoutsidetheclassroomandtheexperienceofbe
HomestayprovidesEnglishlanguagestudentswiththeopportunitytospeakEnglishoutsidetheclassroomandtheexperienceofbe
Shedidn’tknow______toexpressherideasinEnglishclearlyinpublic.
Isthereanythingmoreimportantthanhealth?Idon’tthinkso."Healthisthegreatestwealth,"wisepeoplesay.Youcan’tbeg
Africanelephantshavebeenslaughteredatalarmingrateoverthepastdecade,largelybecausetheyaretheprimarysourceofth
随机试题
2×20年9月末,甲公司董事会通过一项决议,拟将持有的一项闲置管理用设备对外出售。该设备为甲公司于2×18年7月购入,原价为4500万元,预计使用10年,预计净残值为0。甲公司10月3日与独立第三方签订出售协议,拟将该设备以3400万元的价格出售给独立
爱因斯坦所说的“猪栏的理想”,指的是
简述建设社会主义新农村的总要求。
女性,54岁,反复双手腕、近端指间关节、双跖趾关节、双膝关节肿痛伴双手晨僵1年余,无发热、皮疹、口腔溃疡等,未经特殊治疗,三大常规及肝肾功能检查正常。若经检查诊断为RA,首选治疗方案是
试述雾化吸入疗法的注意事项。
A.肝细胞摄取胆红素障碍B.胆红素生成过多C.肝内胆汁淤积D.肝外胆汁淤积E.肝细胞排泌结合胆红素功能障碍Gilbert综合征表现为
女,22岁。因服吲哚美辛数片后觉胃痛,今晨呕咖啡样胃内容物400ml,来诊。既往无胃病史。首选的检查是
某工程项目施工过程中,由于工程师未能按约定提供图纸,导致施工暂停,根据施工合同示范文本的要求,对这一事件正确的处理方式是()。
紧急状态处置权,是指公安机关为维护国家安全和社会治安秩序,对突发的重大暴力犯罪、重大治安事件和重大治安灾害事故依法采取的非常措施。下列属于紧急状态处置权的包括()。
USB接口是计算机上的常用接口,其原意是()。
最新回复
(
0
)