In some countries,laws make strategic alliances virtually the only way to do international business.

Question

Quizplus · Accepted Answer

In certain countries, laws and regulations make it difficult for foreign businesses to operate independently. This could include restrictions on ownership, government approval requirements, and high import/export tariffs. In such cases, forming strategic alliances with local partners may be the most feasible option for foreign firms to enter the market and conduct business.

In Some Countries,laws Make Strategic Alliances Virtually the Only Way