Which of the following international business approaches involves cooperation between firms but may not involve sharing of ownership?
A) Direct foreign investment
B) Licensing
C) A strategic alliance
D) A joint venture

Question

Quizplus · Accepted Answer

A strategic alliance involves cooperation between firms to pursue a set of agreed upon objectives while remaining independent organizations. This approach may not involve sharing of ownership, distinguishing it from options like direct foreign investment and joint ventures, which typically involve equity stakes and shared ownership. Licensing is a form of business agreement but does not inherently involve cooperation on business operations or strategies.

Which of the Following International Business Approaches Involves Cooperation Between