________ is a specific type of strategic alliance in which the partners form a separate, independent organization for some business purpose.
A) equity strategic alliance
B) joint venture
C) global venture
D) nonequity strategic alliance
E) outsourcing partnership

Question

Quizplus · Accepted Answer

A joint venture is a specific type of strategic alliance in which the partners create a separate entity to pursue a specific business purpose. This entity operates as its own independent organization with shared ownership and control between the partners. Therefore, option B is the correct answer.

________ Is a Specific Type of Strategic Alliance in Which