The Cooper Tire & Rubber Company has been searching for less expensive raw materials for manufacturing its bicycle tires. Cooper has found that there are less expensive sources in the country of Indonesia, but it needs to form a partnership with the government of Indonesia in order to gain access to the country's rubber. What type of partnership will need to be formed?

A. A multinational enterprise
B. A contract manufacturing arrangement
C. A strategic alliance
D. A franchise
E. A joint venture


Answer: E

Business

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