China allows U.S. companies to ally with Chinese firms by purchasing minority ownership positions in the Chinese firms. These relationships are called

Question

Quizplus · Accepted Answer

The practice of U.S. companies purchasing minority ownership positions in Chinese firms to form a strategic alliance is referred to as equity strategic alliances. Joint ventures involve two or more companies pooling resources to form a separate legal entity, while network strategies involve leveraging relationships with various partners to achieve a common goal. Nonequity strategic alliances involve collaboration without any ownership structure. Therefore, option C is the most appropriate answer.

China Allows U