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Doing Business Overseas/hypothetical coursework
Aberdeen Doric Limited (ADL), a company specializing in maintenance support services associated with the oil and gas industries, is a well-established firm with many years of industry expertise. The ADL team is comprised of highly trained experts who are also adept at working with specialized technical equipment related to oil production and exporting. The Aberdeen Doric executive team has made the decision to undertake a joint venture with a Trinidadian company, Carnival Oilco. The Trinidad and Tobago venture is a new undertaking by Aberdeen Doric. As such, no local ADL contacts are currently established in the region. In contrast, Carnival Oilco has many local contacts, but lacks the fiscal strength, financial controls, and technical expertise to develop and expand their oil support operation.
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