A _____ is a business relationship established by two or more companies to cooperate out of mutual need and to share risk in achieving a common objective without forming a separate legal entity.

A _____ is a business relationship established by two or more companies to cooperate out of mutual need and to share risk in achieving a common objective without forming a separate legal entity.



A. direct sales group

B. consortia

C. franchising organization

D. strategic international alliance

E. joint venture


Answer: strategic international alliance


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