________ are partnerships between two or more firms that decide they can better pursue their mutual goals by combining their resources as well as their existing distinctive competitive advantages.
A)Greenfield investments
B)Strategic alliances
C)Foreign subsidiaries
D)Turnkey operations

Question

Quizplus · Accepted Answer

Strategic alliances are partnerships between two or more firms that combine resources and competitive advantages to pursue mutual goals. Greenfield investments involve building new facilities from scratch, foreign subsidiaries are full-fledged and independent entities established in different countries, and turnkey operations involve a company handing over a fully operational facility to another company.

________ Are Partnerships Between Two or More Firms That Decide