Which of the Following Global Entry Strategies Is Being Used

question 54

Multiple Choice

Which of the following global entry strategies is being used if a company collaborates with a competitor on a globally based opportunity for mutual benefit,but the competitors do not invest in each other?

• A) franchising
• B) joint venture
• C) strategic alliance
• D) direct investment
• E) equity partnership

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Definitions:

Financial Burdens

The strain or stress placed on an individual's or entity's finances due to debts, obligations, or other financial commitments.

Downsizing

The reduction of an organization's workforce to improve its efficiency or reduce costs.

Workforce Reduction Programs

Initiatives taken by organizations to decrease the number of employees through methods such as layoffs, buyouts, or retirements to reduce costs and improve efficiency.

Cutting Costs

The process of reducing expenses in order to improve a company's financial performance or maintain its competitiveness.