In A(n) __________, Two or More Firms Create a Legally

question 33

Multiple Choice

In a(n) __________, two or more firms create a legally independent company to share some of their resources to create a competitive advantage.

• A) equality-based strategic alliance
• B) nonequity strategic alliance
• C) joint venture
• D) equity strategic alliance

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Definitions:

Africa

The second largest continent in the world, known for its vast diversity in cultures, languages, and ecosystems.

Middle East

A geopolitical region centered on Western Asia and Egypt, notable for its historical significance, cultural heritage, and ongoing political and religious complexities.

Cold War Ideology

The set of beliefs and attitudes that defined the geopolitical tension and ideological conflict between the Soviet Union and the United States, and their respective allies, after World War II until the dissolution of the Soviet Union.

American Cold War

The period of geopolitical tension and ideological conflict between the United States and the Soviet Union after World War II, characterized by threats, propaganda, and other measures short of open warfare.