XLT Corp. is pursuing a cooperative strategy as a way to drive growth. XLT might be considering a(n)
A)joint venture.
B)trend analysis.
C)merger.
D)acquisition.

Question

Quizplus · Accepted Answer

Joint venture is a type of cooperative strategy where two or more firms create a legally independent company to share resources and capabilities in order to develop a competitive advantage. XLT Corp. is pursuing a cooperative strategy as a way to drive growth, which aligns with the purpose of a joint venture. Trend analysis, merger, and acquisition are not relevant choices for this situation.

XLT Corp Is Pursuing a Cooperative Strategy as a Way to to Drive