John is interested in joining with a large corporation in a cooperative venture to share risks and pool resources for his small auto parts manufacturing business. The strategy option he is exploring could best be described as
A) an international strategic alliance.
B) exporting.
C) importing.
D) international cost shifting.

Question

Quizplus · Accepted Answer

John is exploring the option of forming a strategic alliance with a large corporation to share risks and pool resources. This is an example of an international strategic alliance, which involves two or more firms from different countries coming together to pursue a specific business opportunity while sharing risks and resources. It allows firms to gain access to new markets, technologies, and expertise, while reducing financial risks and costs.

John Is Interested in Joining with a Large Corporation in a Cooperative