Posted: February 11th, 2023

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Read the closing case entitled “Emerging Markets: BP, AAR, and TNK-BP” (also see Emerging Markets 7.1) on pages 215-217 in your Global Strategies textbook, part of the assigned reading this week.From an industry-based view, why are alliances a frequent mode of entry for the Russian oil industry? How does the global environment surrounding the oil industry in general change a firm’s interest in cooperating?Remember to use in-text citations and list APA style references to support your response.