E-Trade Group is an internet broker-dealer. It has entered into a(n) _____ agreement with Jerusalem Global, Ltd., an Israeli investment banking operation. E-Trade has granted the Israeli firm the right to use its name, its reputation, and its technology in a politically volatile environment. E-Trade bears none of the development costs and risks.
A) strategic alliance
B) exporting
C) direct ownership
D) licensing
Correct Answer:
Verified
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