Which of the Following Is the Primary Distinction Between a Joint

Which of the following is the primary distinction between a joint venture and a strategic alliance in international marketing?

A) Strategic alliances are only formed between companies from well-developed countries whereas joint ventures are between companies from economically-diverse countries.
B) A joint venture involves only two companies whereas a strategic alliance is formed between three or more companies.
C) A strategic alliance is formed by companies who have traditionally been rivals, which is not the case with a joint venture.
D) A joint venture is a partnership formed to create a competitive advantage on a worldwide basis whereas a strategic alliance is a partnership between a domestic firm and a foreign firm or government.
E) A joint venture is simply a financial investment in a foreign firm while a strategic alliance involves more than just financial support.