A company offering local telecommunications service combines resources with an international company that manufactures digital switching equipment to research a new type of telecommunications technology. This is an example of
A) joint diversification.
B) strategic alliance.
C) divestment.
D) global integration.

Question

Quizplus · Accepted Answer

This is an example of a strategic alliance, where two companies from potentially different sectors or markets collaborate on a specific project, such as researching new technology, without merging their overall businesses.

A Company Offering Local Telecommunications Service Combines Resources with an International