Mexico requires all foreign companies operating there to have a local business partner. This is an example of which of the following?
A) economic partnership
B) economic merger
C) transactional partnership
D) strategic alliance

Question

Quizplus · Accepted Answer

Mexico's requirement for foreign companies to have a local business partner is an example of a strategic alliance - a cooperative agreement between two or more firms aimed at achieving a common goal. In this case, the common goal is to operate successfully in Mexico's business environment.

Mexico Requires All Foreign Companies Operating There to Have a Local