Runnerz Inc., a leading manufacturing and retail company that designs and develops footwear and apparel, has signed a contract with a particular courier service for managing the delivery process.The courier service is required to deliver goods from the factory to the warehouse, to customers, and also to collect customer payments for the goods.This is a typical example of a(n)________.
A)non-equity strategic alliance
B)turnkey operation
C)greenfield investment
D)international licensing agreement

Question

Quizplus · Accepted Answer

Runnerz Inc. has signed a contract with a courier service for managing the delivery process, which is a type of non-equity strategic alliance where companies collaborate without actually merging or acquiring each other's stakes. The courier service is providing a service to Runnerz Inc. by delivering goods and collecting payments, but it is not taking any ownership of Runnerz Inc. or its assets.