Which of the following is an example of a cross-border alliance?
A) Facebook took over WhatsApp for $19 billion in February 2014.
B) Hyundai Motor Company plans to open a new manufacturing plant in the Czech Republic.
C) The insurance company Geico is a wholly owned subsidiary of Berkshire Hathaway.
D) Renault-Nissan sells more than one in ten cars worldwide.
E) Carrefour, a French grocery chain, established a new wholly-owned venture in Poland.

Question

Quizplus · Accepted Answer

A cross-border alliance involves collaboration between companies from different countries. Renault-Nissan is an example of such an alliance, as it is a strategic partnership between the French automaker Renault and the Japanese automaker Nissan.

Which of the Following Is an Example of a Cross-Border