Three large electronics companies have recently formed a strategic alliance to develop an innovative new cell phone. This is an example of which managerial trend?
A) Outsourcing
B) Joint venture
C) Lobbying
D) Merger
E) Boundary spanning

Question

Quizplus · Accepted Answer

The forming of a strategic alliance among companies is an example of a joint venture, which is a managerial trend that has become increasingly popular over recent years.

Three Large Electronics Companies Have Recently Formed a Strategic Alliance