Strategic Alliances Frequently Play an Important Role in a fiRm's

Multiple Choice

Strategic alliances frequently play an important role in a firm's internationalization strategy because:

A) Alliances offer a means of sharing the high risks involved in international expansion
B) Internationalizing firms often lack the local knowledge and access to distribution channels that a local partner can provide
C) Alliances offer greater security than a wholly-owned subsidiary
D) Alliances offer greater flexibility than alternative internationalization modes.