In this type of international structure, the firm locates a partner who shares in the risk and in the profits.
A) Branch office
B) Strategic alliance
C) Foreign direct investment
D) Licensing agreement
E) Independent agent

Question

Quizplus · Accepted Answer

A strategic alliance is a type of international structure in which a firm locates a partner who shares in the risk and profits. The partnership is usually formed to achieve a specific goal or mission, and each partner brings their unique strengths and resources to the table. The partners remain separate legal entities, but work together to achieve their common goal.

In This Type of International Structure, the Firm Locates a Partner