Abc would like to market their products in brazil. armed with the design and manufacturing capability, abc is looking for a company with the distribution channels and knowledge of the brazil culture necessary to market their products. abc has decided to form a partnership with xyz in brazil. the company will be jointly owned and independently operated. which of the following is abc forming with xyz?
a. franchise
b. joint venture
c. licensing agreement
d. operating subsidiary

Jake and janelle loved to prepare gourmet meals for friends and family. they started a business of preparing theme-type dinners for friends who were having parties. to generate even more interest in the business, janelle created on her website. she posted pictures of events, and close-ups of the food they served. she encouraged patrons and others to post reviews, comments, and favorite recipes, and to share their own party ideas. her promotion became a dialogue between buyers of her service and the business. interactive promotion infomercials product placement broadcast