_____ are trade alliances in which several countries agree to work together to form a common trade area that enhances trade opportunities among those countries

Which of the following is true of a strategic alliance?

A) Strategic alliances cannot have more than two entities. B) Strategic alliances cannot be formed between fellow competitors. C) Strategic alliances are usually formed to accomplish multiple business ventures. D) Strategic alliances do not provide the same protection and stability as mergers.

A manufacturer of breakfast cereals has the opportunity to purchase barley at $3.00 a bushel for 10,000 bushels, if it also buys 5,000 bushels of wheat at $16.00 per bushel

However, the manufacturer does not use any barley in its products, and currently needs 20,000 bushels of wheat. If the current market price of barley is $3.80 per bushel and that of wheat is $15.80 per bushel, should this opportunity be taken, and why? A) Because the company has no need of barley, the opportunity should not be taken. B) Because the opportunity does not meet the company's need for wheat, the opportunity should not be taken. C) Because the value of the opportunity is positive, the opportunity should be taken. D) Because the value of the opportunity is negative, the opportunity should not be taken.