Strategic Alliances,joint Ventures,and Cooperative Agreements Between Domestic and Foreign Firms
Strategic alliances,joint ventures,and cooperative agreements between domestic and foreign firms are a potentially fruitful means for the partners to
A) enter additional country markets.
B) gain better access to scale economies in production and/or marketing.
C) fill competitively important gaps in their technical expertise and/or knowledge of local markets.
D) share distribution facilities and dealer networks,thus mutually strengthening their access to buyers.
E) All of these.
Correct Answer:
Verified
Q26: Acquisition of an existing firm rather than
Q27: In competing in foreign markets,companies find it
Q28: The drawbacks of a localized multidomestic strategy
Q28: A think local,act local multidomestic type of
Q29: Establishing a subsidiary in a foreign market
Q31: Which of the following is not a
Q33: In expanding outside its domestic market,a company
Q64: To use location to build competitive advantage
Q78: A "think local,act local" multidomestic strategy works
Q90: The competitive strategy of a firm pursuing
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents