This question contains three parts, please answer all parts to receive thumbs up.

Part A.

Match each description with the corresponding strategic action: Alliance

O a. A formal agreement between two or more companies to work cooperatively toward some common objective

O b. A transaction in which one firm purchases and absorbs the operations of another

O c. The establishment of an independent corporate entity that is jointly owned and controlled by the two partners

O d. The combining of two or more firms into a single entity, with the newly created firm often taking on a new name

Part B.

The ultra-low cost carriers are not a credible threat for Southwest because they pursue a differentiation strategy.

True or false

Part C.

The two main strategic concerns linked to international strategy design (i.e. what strategy a firm chooses to use for internationalization) are:

O a. Lower cost and local adaptation

O b. National competitiveness and lower cost

O c. Local adaptation and cultural barriers

O d. Environmental risks and management risks.

CHOOSE THE RIGHT OPTION AND GIVE EXPLANATION 100+ WORDS EVERY QUESTION