Which of the following global entry strategies is being used if a company collaborates with a competitor on a globally based opportunity for mutual benefit,but the competitors do not invest in each other?

Question

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This scenario describes a strategic alliance, where two companies collaborate for a mutual benefit, but do not invest in each other or merge their operations. Franchising involves a company licensing its business model and brand to a franchisee who invests in the business. Joint venture involves two or more companies investing in and forming a new entity together. Direct investment involves a company setting up operations or acquiring a company in a foreign market. Equity partnership involves two or more companies investing in each other and sharing ownership.

Which of the Following Global Entry Strategies Is Being Used