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A ____ Strategy Alliance Allows Firms to Expand into New

question 49

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A ____ strategy alliance allows firms to expand into new product or market areas without having to make an acquisition.


Definitions:

Balance of Trade

The variation in worth between what a country buys from and sells to other countries during a specific time frame.

Electricity

A form of energy resulting from the existence of charged particles, widely used for lighting, heating, and powering machines and devices.

1920s

A decade characterized by economic prosperity and cultural flourishing in the United States, also known as the "Roaring Twenties."

Stock Market

A public marketplace where stocks, bonds, and other securities are bought and sold.

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