What Statement Best Describes Global Expansion Through a Strategic Alliance

question 83

Multiple Choice

What statement best describes global expansion through a strategic alliance?

• A)In a strategic alliance, a firm enters a new market and forms a new company with shared ownership, profits, and controls.
• B)A strategic alliance is a relationship in which two firms collaborate on a business opportunity, but do not invest in each other.
• C)In a strategic alliance, two firms enter into a franchise agreement.
• D)In a strategic alliance, a firm in one country sends products to a firm in another country.
• E)In a strategic alliance, a firm signs a trade agreement with a firm in another country.

Recognize the correct use of idioms in sentences.

Understand the differences between abstract, concrete, and specific words.

Distinguish correctly between "effect" and "affect" in sentences.

Recognize gender-neutral language and its importance in inclusive communication.

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Definitions:

Receivables Turnover

A financial metric indicating how quickly a company collects payments from its customers, calculated as sales divided by accounts receivable.

Cash Cycle

The period between the outlay of cash for purchases and the collection of cash from customers in a business.

Inventory Turnover

A ratio showing how many times a company has sold and replaced inventory over a period.

Accounts Payable Turnover

A financial ratio that measures the rate at which a company pays off its suppliers by comparing net purchases to average accounts payable during a period.