In order to pool or share resources and know-how with a foreign company and subsequently share the rewards and risks of starting a new venture in a foreign country, an organization would pursue a
A)corporate takeover.
B)franchising agreement.
C)licensing agreement.
D)strategic alliance.
E)foreign subsidiary.

Question

Quizplus · Accepted Answer

A strategic alliance involves partnering with a foreign company to share resources, knowledge, risks, and rewards in a new venture.

In Order to Pool or Share Resources and Know-How with a Foreign