A.   licensing.

B.   franchising.

C.   a joint venture.

D.   exporting.

A.   Customizing a company's goods or services to match the tastes and preference of different national markets to increase profitability.

B.   A company has a centralized location for production and then exports the products to various foreign markets.

C.   A strategic alliance in which two or more firms create a legally independent company to share some of their resources to create a competitive advantage.

D.   A company sets up an entirely new operation in a foreign market to promote its products from its home market.

A.   China is the largest emerging market for Jaguar-Land Rover.

B.   China will soon become Jaguar-Land Rover's main market.

C.   China is the smallest emerging market for Jaguar-Land Rover.

D.   Most of its production is for the Chinese market anyway.

A.   It enables Jaguar-Land Rover to gain the expertise from experienced Chinese auto manufacturer Chery, when developing models for the preferences of Chinese customers.

B.   Jaguar-Land Rover could put its production in the hands of the Chery Automobile managers to increase chances of success.

C.   It would avoid the responsibility if the joint venture failed.

D.   Jaguar-Land Rover would maintain control of its technology.

A.   Delegate production from the local market without ever having to actually go to China.

B.   Become a sub brand of Chery Automobile.

C.   Avoid responsibility for half of the factory built in China.

D.   Learn about how to serve the Chinese market according to its local partner's experience.

A.   acquisition

B.   growth industry

C.   crowded industry

D.   new business unit

A.   Competency of doing business with American companies

B.   Competency in serving the international Chinese market

C.   Competency of serving the local Chinese market

D.   Competency of manufacturing Jaguar-Land Rover cars