A Cross-Border Alliance Was Not Created When

question 35

Multiple Choice

A cross-border alliance was not created when

• A)Walgreens merged with Alliance Boots in 2014.
• B)Hyundai Motor Company planned to open a new manufacturing plant in the Czech Republic.
• C)The insurance company Geico became a wholly owned subsidiary of Berkshire Hathaway.
• D)Renault-Nissan disclosed that it had sold more than one in ten cars worldwide.
• E)Carrefour, a French grocery chain, established a new wholly owned venture in Poland.

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Definitions:

Concept

A general idea or understanding that represents something abstract or concrete in the mind, serving as the building block for knowledge, theories, or innovations.

Post-money Valuation

The valuation of a company immediately after the most recent round of financing, which includes the amount of new equity capital raised in the round.

Investor

An individual or organization that commits money to investment products with the expectation of achieving a profit.

Company

An organized entity formed for the purpose of conducting business, which may involve selling goods or services.