Answer:
The correct answer is option B
Step-by-step explanation:
For a company, strategy is basic. If a company fails to formulate and propagate strategies in their companies, their companies would be in distress.
If Joe to Go is going through financial distress, and a joint venture and franchising is of too much risk, they should think about going with strategic alliance. In this kind, they will be able to strategise their policies to reduce risk in terms of venturing with other companies instead of following rigid policies that might affect them negatively.