Under which international strategy will several companies agree to cooperate for mutual benefit?
A) Exporting
B) Importing
C) Direct investment
D) Multinational organization
E) Strategic alliance

Question

Quizplus · Accepted Answer

A strategic alliance involves several companies agreeing to cooperate for mutual benefit, often to enter new markets or gain access to new technologies. Exporting and importing are individual strategies, while direct investment and multinational organizations typically involve a single company establishing a presence in a foreign market.

Under Which International Strategy Will Several Companies Agree to Cooperate