₉₂_._The _strateg_y_o_f_minimizin_g_o_r_adaptin_g_t_o_th_e_politica_l_ris_k_inheren_t_t_o_globa_l_busines_s_make_s_us_e_o_f_joint
Ventures and collaborative contracts.

Question

Quizplus · Accepted Answer

The strategy described in the text is one of cooperation, where businesses are working together to minimize risk and adapt to the changing global political and business climate. This is not a defensive, avoidant, or offensive strategy, and while control may be a desired outcome of the collaboration, it is not the primary focus described in the text. Therefore, the best choice is C) cooperation.

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