Which of the Following Is the Primary Distinction Between a Joint

question 48

Multiple Choice

Which of the following is the primary distinction between a joint venture and a strategic alliance in international marketing?

• A) Strategic alliances are only formed between companies from well-developed countries whereas joint ventures are between companies from economically-diverse countries.
• B) A joint venture involves only two companies whereas a strategic alliance is formed between three or more companies.
• C) A strategic alliance is formed by companies who have traditionally been rivals, which is not the case with a joint venture.
• D) A joint venture is a partnership formed to create a competitive advantage on a worldwide basis whereas a strategic alliance is a partnership between a domestic firm and a foreign firm or government.
• E) A joint venture is simply a financial investment in a foreign firm while a strategic alliance involves more than just financial support.

Comprehend the conditions necessary for absolute purchasing power parity.

Recognize the methods of calculating NPV in international finance and their implications.

Understand the impacts of inflation on currency value and exchange rates.

Recognize the impact of appearance and credibility in persuasion.

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Definitions:

Telecommuting

A work arrangement in which employees do not commute to a central place of work but rather work from home or a location close to home, utilizing telecommunication technologies.

Job Performance

The level of effectiveness and efficiency with which an employee completes their assigned duties and responsibilities.

Perceptions of Fairness

Individuals' judgements about whether they are being treated justly in social interactions, particularly regarding decisions that affect them.

Flexible Work Arrangement

Employment terms that allow workers flexibility on how long, where, and when they work.