Business arrangements between firms of different nationalities are done for many reasons and in many different ways.These arrangements,whatever their structure,are called __________.

Question

Quizplus · Accepted Answer

The term "global strategic alliances" refers to business arrangements between firms of different nationalities. This term is more appropriate compared to the other options provided, such as "subsidiaries", "franchises", and "licensed partnerships", as they refer to more specific types of business arrangements between firms.

Business Arrangements Between Firms of Different Nationalities Are Done for Many