Which of the Following Statements Best Describes Global Expansion Through

Multiple Choice

Which of the following statements best describes global expansion through a strategic alliance?

A) In a strategic alliance, a firm enters a new market and forms a new company with shared ownership, profits, and controls.
B) A strategic alliance is a relationship in which two firms collaborate on a business opportunity, but do not invest in each other.
C) In a strategic alliance, two firms enter into a franchise agreement.
D) In a strategic alliance, a firm in one country sends products to a firm in another country.
E) In a strategic alliance, a firm signs a trade agreement with a firm in another country.