Which of the Following Statements Best Describes Global Expansion Through

question 84

Multiple Choice

Which of the following statements 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 control.
• 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.

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Definitions:

Unfair Methods

Practices in trade or business that are deemed deceptive, fraudulent, or against the competition law, harming consumers or competitors.

Sherman Act

A United States antitrust law enacted in 1890 to prohibit monopolies and prohibit business activities that prevent or restrict competition in interstate commerce.

Monopoly Power

The exclusive control by one company over an entire industry or sector, allowing for the setting of prices and lack of competition.

Unfair Conduct

Actions or practices that are deceptive, misleading, or unethical in a business context, often regulated by consumer protection laws.