FedEx entered into an alliance with Chronopost Internationale,a subsidiary of the French post office.Under this alliance,FedEx will transport French international shipments in its aircraft,and the French postal service will deliver FedEx packages across Europe.This is an example of:
A) contract manufacturing
B) a trade bypass
C) licensing
D) a joint venture
E) service exporting

Question

Quizplus · Accepted Answer

The alliance between FedEx and Chronopost Internationale is an example of a joint venture, where two companies come together to form a partnership for a specific purpose or project. In this case, FedEx and Chronopost Internationale have formed a partnership to improve their cross-border logistics capabilities by leveraging each other's strengths.

FedEx Entered into an Alliance with Chronopost Internationale,a Subsidiary of the French