The main attraction for foreign firms in developing countries to join strategic alliances with U.S. firms is
A) the access to U.S. financial markets.
B) the knowledge resources of the U.S. firm.
C) the ability to market its products in the U.S.
D) the U.S. firm's understanding of U.S. governmental regulations.

Question

Quizplus · Accepted Answer

The knowledge resources of U.S. firms are the main attraction for foreign firms in developing countries to join strategic alliances because U.S. firms are often leaders in technology, research and development, and marketing strategies. These resources can help foreign firms gain a competitive advantage and improve their products and services. Access to U.S. financial markets and marketing in the U.S. may also be beneficial, but they are not the primary reason for joining strategic alliances with U.S. firms. The U.S. firm's understanding of U.S. governmental regulations may be helpful, but it is not typically a primary factor for foreign firms in choosing a strategic partner.

The Main Attraction for Foreign Firms in Developing Countries to Join