Licensing and franchising are exactly the same market entry model. Choose what you believe is the best follow-up to this statement according to the content of the course.

		Yes, they are all about someone else producing a companys product or representing its services
		No, licensing consists of having another company produce something your organization does not have any expertise in, while franchising consists of the acquisition of temporary of rights over a product, service or technology.
		Yes, the differences are just in the quality of product manufactured.

Strategic Alliances.....

		...will always work well because they allow both organizations to reduce their operating costs.
		...it is a good way for companies to regulate the prices in a market.
		...can be an excellent option for companies that identify mutual synergies.