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20-02-2020
Business

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A cross-border alliance is:

a. An investment in which profits and other responsibilities are assigned.
b. A multinational attempting to integrate its operations across more than one dimension.
c. A cooperative agreement between two or more firms from a different national background.
d. An agreement between two or more companies to join their operations

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ogechukwubenedict ogechukwubenedict

23-02-2020

Answer: c. A cooperative agreement between two or more firms from a different national background.

Explanation:A cross-border alliance is a cooperative agreement between two or more firms from a different national backgrounds for the purpose of pursuing mutual interests through sharing of resources and capabilities. There are many reasons for firms to enter into a cross-border alliance. Some of the reasons could be to enter new markets where neither could do alone or to share and gain access to the other firms resources and information.

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