What Is the Primary Distinction Between a Joint Venture and a Strategic

question 36

Multiple Choice

What 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 formed between companies with dissimilar product offerings while a strategic alliance is formed between companies with similar product offerings.
• E)A joint venture is simply a financial investment in a foreign firm while a strategic alliance involves more than just financial support.

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Definitions:

Study Of Cultures

The academic and scientific examination of cultures, exploring their behaviors, traditions, values, and social norms, typically within the field of anthropology or cultural studies.

OB

Also known as Organizational Behavior, it is the study of how people interact within groups in a work environment.

Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment, characterized by logical thinking, questioning assumptions, and assessing evidence.

Human Capital

The knowledge, skill sets, and abilities that employees bring to the workplace, viewed as an asset to the organization.