Question: Yahoo in the U . S . and Softback in Japan both own stakes in Alibaba and have used their relationship with the company as

Yahoo in the U.S. and Softback in Japan both own stakes in Alibaba and have used their relationship with the company as their mode of entry into a foreign market. The investment these two companies have made in Alibaba can be considered a:
a. joint venture.
b. greenfield venture.
c. diversification venture.
d. new internal venture.
 Yahoo in the U.S. and Softback in Japan both own stakes

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