A Company Expansion (Scenario)
You have been hired by a company to look at the best ways to move the company into the Arab market, but you have to first determine what kind of company you are dealing with.
-If the company that has hired you is really a partnership between an organization and a foreign company, in which both share resources and knowledge in developing new products, then it is a ________.
A) joint venture
B) strategic alliance
C) licensing company
D) franchising company

Question

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The Answer of A Company Expansion (Scenario)
You have been hired by a company to look at the best ways to move the company into the Arab market, but you have to first determine what kind of company you are dealing with.
-If the company that has hired you is really a partnership between an organization and a foreign company, in which both share resources and knowledge in developing new products, then it is a ________.
A) joint venture
B) strategic alliance
C) licensing company
D) franchising company