In the Nation of Epson Inc

Multiple Choice

In the nation of Epson Inc., Sander's Leathers, a large producer of finished leather, and Froyer Leather Goods, a large supplier of leather manufactured goods, work closely. Together, they dominate the leather industry globally. One of the factors that help the companies facilitate the uninterrupted flow of resources and ideas between them is the geographical proximity of the firms. In the given scenario, Sander's Leathers and Froyer Leather Goods form a _____ operating in the leather industry.

A) joint venture
B) strategic alliance
C) global manufacturing cluster
D) peer-to-peer economy