Foreign Firms Should Seek Alliances with Well-Qualified Local Companies in Countries

Multiple Choice

Foreign firms should seek alliances with well-qualified local companies in countries characterized by inadequate legal and political frameworks because ________.

A) such alliances help eliminate business risks completely
B) through such partners, foreign firms can access local market knowledge
C) such alliances help foreign firms function without distributor networks
D) the dominance of family conglomerates in emerging economies is fast declining