Using a(n) ________ strategy, the company finds a partner in the country in which it would like to conduct business.
A) independent agency
B) direct investment
C) strategic alliance
D) replication
E) branch office

Question

Quizplus · Accepted Answer

This strategy is called a strategic alliance, where the company forms a partnership with a local company in the target country to conduct business. It allows companies to leverage each other's strengths and resources to achieve mutual benefits without having to invest a significant amount of capital. This strategy also helps companies navigate local regulations, cultural differences, and market conditions.

Using A(n) ________ Strategy, the Company Finds a Partner in the Country