"Holman Auto Group, a large automobile company, made an initial small investment in a start-up company that was developing a solar-powered car. This gave Holman Auto controlling interests in the start-up company. However, Holman Auto had no obligations to make continued investments in the experiments of the start-up company. It could invest small amounts depending on the new product's success at each stage of its development. If the product proved to be successful, Holman Auto would have the right to buy out the start-up company. This approach to strategic alliance is referred to as"

Group of answer choices

a break-even analysis.

a real-options perspective.

credible commitment.

transaction cost economics.