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Home › Bihar Board Class 12 (Commerce) › Business Studies › Private, Public and Global Enterprises › An Indian firm in a joint venture with a known f…

An Indian firm in a joint venture with a known foreign brand saves on what?

ABuilding a brand from scratch
BPaying any of its taxes
CHiring its own staff
DFollowing Indian laws
Answer & Solution
Correct answer: A. Building a brand from scratch
It uses the partner's established goodwill, saving time and money on creating a brand and distribution.
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