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1. International licensing, franchising, outsourcing, and joint venture are frequent governance structures of international alliances. a) Explain the most fundamental distinction between an international joint

1. International licensing, franchising, outsourcing, and joint venture are frequent governance structures of international alliances. a) Explain the most fundamental distinction between an international joint venture and the other three structures

b) Explain the conditions that motivate firms to select international joint ventures to organize their alliances

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