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    • Join Date: Apr 2008
    • Posts: 139
    #1

    Business

    Is that correct?

    1) Wal-Mart , a US retail chain,entered the Mexican market by setting up a 50-50 subsidiary with a local Mexican retailer.

    2) When the Japanese tyre group Bridgestone entered the US market, it made an acquisition buying the local production base of Firestone.

    3) If a company wishes to enter the Chinese market, it usually looks for a local partner , who will cooperate in setting up a joint venture.

    4) If a company is short of capital to expand overseas,it may prefer to have a licensing or franchising agreements with local business.


    • Join Date: Oct 2006
    • Posts: 19,434
    #2

    Re: Business

    Quote Originally Posted by Mauricio67 View Post
    Is that correct?

    1) Wal-Mart , a US retail chain,entered the Mexican market by setting up a 50-50 franchise with a local Mexican retailer.

    2) When the Japanese tyre group Bridgestone entered the US market, it made an acquisition buying the local production base of Firestone.

    3) If a company wishes to enter the Chinese market, it usually looks for a local partner , who will cooperate in setting up a joint venture.

    4) If a company is short of capital to expand overseas,it may prefer to have a licensing or franchising agreements with local business.
    ..

  1. Charlie Bernstein's Avatar
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    • Join Date: Jan 2009
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    #3

    Re: Business

    On #2, you might want a comma after acquisition. (I would.)

    On #4, agreement should be singular.

    Otherwise, it all looks good to me. Nice work!

    [I edit copy and have tutored college writing.]

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