When miriam inc., a handbag manufacturer headquartered in the u.s., decided to invest in japan, it tied up with a japanese fashi

Question

Grace [21]

3 years ago

15

When miriam inc., a handbag manufacturer headquartered in the u.s., decided to invest in japan, it tied up with a japanese fashi

on house in order to pool resources, share risks, and operate the new business together. this is an example of _____?

Business

1 answer:

polet [3.4K] · Answer 1 · 2022-06-01T11:47:07+03:00

<span>This is an example of a strategic alliance of joint venture or business partnering. Joint venturing when trying to move into a new market can be a great idea for a business because they can use the distribution and established markets that the current business already has to move their own products.</span>