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Maxdime Inc. is an international automobile manufacturer that has decided to work on low-cost fuel efficient motorbikes. Foray Inc., a domestic automobile company based in China, is willing to partner temporarily with the R&D team of Maxdime to design and launch motorbikes specially for the Chinese market. This is an example of ________.
i. entrepreneurial orientation
ii. non-equity-based strategic
iii. alliance sole proprietorship
iv. product differentiation

Answer :

MARTEBIGO

There are different kinds of services rendered.  This above scenario is an example of non-equity-based strategic alliance.

What is non-equity strategic alliance?

In a non-equity strategic alliance, firms often develop a form of agreement to distribute their resources without forming a separate entity or sharing equity.

Non-equity alliances are said to be a kind of loose and informal setting than a partnership that involves equity. This is said to be composed of a high majority of business alliances

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