A.   licensing.

B.   exporting.

C.   franchising.

D.   a joint venture.

A.   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.

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

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

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

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

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

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

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

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

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

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

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

A.   Become a sub brand of Chery Automobile.

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

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

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

A.   crowded industry

B.   acquisition

C.   growth 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