Strategic alliances, joint ventures, and cooperative agreements between domestic
ID: 437005 • Letter: S
Question
Strategic alliances, joint ventures, and cooperative agreements between domestic and foreign firms are a potentially fruitful means for the partners toA) enter additional country markets and compete on a more global scale while still preserving their independence.
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.
Explanation / Answer
E) All of these.
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