Which international business strategy involves cooperation between firms and may not involve sharing of ownership?
A) Exporting
B) Importing
C) Direct investment
D) Joint venture
E) Strategic alliance

Question

Quizplus · Accepted Answer

A strategic alliance involves cooperation between firms, but does not necessarily involve sharing ownership. It can involve sharing technologies, marketing efforts, or other resources to achieve a common goal. The other options listed (exporting, importing, direct investment, and joint venture) all involve some level of ownership or control over a foreign operation.

Which International Business Strategy Involves Cooperation Between Firms and May