Problem:
I am proposing a business venture for Chiquita Banana to expand to the Democratic Republic of the Congo in Africa to establish banana plantations. I need help with the following:
Evaluate various exit strategies, such as divestiture of assets; handing over to joint venture partner, diversification, or shutting down operation, and contingencies for your global venture.
What type of company?
Chiquita Banana- I am proposing a business venture for Chiquita Banana to expand to the Democratic Republic of the Congo in Africa.
What assets do you have?
Everything necessary for a banana plantation.
Why is the company considering exiting or NOT?
That is what the question is asking- in what situations would exiting be considered and for the possible situations where an exit would be considered which option would be best (divestiture of assets, handing over to joint venturepartner, diversification, or shutting down).