In a(n) ____ the firms involved own equal shares of a newly-created venture.
A) equality-based strategic alliance
B) non-equity strategic alliance
C) joint venture
D) equity strategic alliance

Question

Quizplus · Accepted Answer

In a joint venture, the firms involved own equal shares of a newly-created venture. A non-equity strategic alliance does not involve ownership shares, an equity strategic alliance involves unequal ownership shares, and an equality-based strategic alliance is not a commonly used term in strategic alliances.

In A(n) ____ the Firms Involved Own Equal Shares of a Newly-Created