Asked by beyonce logan on Jul 26, 2024
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The three-way alliance formed in 2010 between France's Renault, Japan's Nissan, and Germany's Daimler is a good example of international joint ventures/strategic alliance.
International Joint Ventures
Partnerships formed between companies from different countries to undertake economic activities together, combining resources and expertise across borders.
Strategic Alliance
A formal arrangement between two or more parties to pursue a set of agreed-upon objectives while remaining independent organizations.
Renault
A multinational automobile manufacturer based in France, known for producing a range of cars and vans, and participating in motor racing.
- Understand the role of strategic alliances in global business expansions.
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Learning Objectives
- Understand the role of strategic alliances in global business expansions.
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