Minimizing or adapting to the political risk inherent to global business makes use of joint ventures and collaborative contracts. What strategy does this statement describe?
A)defence strategy
B)control strategy
C)cooperation strategy
D)avoidance strategy

Question

Minimizing or adapting to the political risk inherent to global business makes use of joint ventures and collaborative contracts. What strategy does this statement describe?
A)defence strategy  
B)control strategy  
C)cooperation strategy  
D)avoidance strategy

Quizplus · Accepted Answer

The strategy described in the statement is cooperation strategy, as it involves collaborating with partners through joint ventures and contracts to minimize the political risk inherent to global business.

Minimizing or Adapting to the Political Risk Inherent to Global