An agreement to share resources that does not necessarily involve creating a new company is a ___.
A)Joint venture
B)Direct investment
C)Strategic alliance
D)Contracting

Question

Quizplus · Accepted Answer

A strategic alliance involves two or more organizations forming a partnership to share resources, knowledge, and capabilities without creating a new entity. Joint ventures involve the creation of a new legal entity, while direct investments refer to the ownership of a controlling interest in a foreign company. Contracting involves outsourcing specific tasks or projects to another company.

An Agreement to Share Resources That Does Not Necessarily Involve