multiple choice question\nanother name for a joint venture is a ______.\ngreenfield venture\nwholly owned…

multiple choice question\nanother name for a joint venture is a ______.\ngreenfield venture\nwholly owned subsidiary\nmultinational franchise\nstrategic alliance
Answer
Brief Explanations:
A joint - venture is a business arrangement where two or more parties combine resources to achieve a specific goal. A strategic alliance is also a cooperative agreement between two or more parties for mutual benefit, similar in nature to a joint - venture. A greenfield venture is a new business established from scratch. A wholly - owned subsidiary is a company entirely owned by another company. A multinational franchise is a business model where a franchisor allows a franchisee to operate under its brand in a different country.
Answer:
D. strategic alliance