Asked by
celina navarrete
on Dec 10, 2024Verified
A merger between two organizations is a good example of a strategic alliance.
Strategic Alliance
An official contract among two or more entities to follow a shared set of goals, while still maintaining their separate legal statuses.
Merger
The joining together of two organizations.
Organizations
Structured groups of people who come together to achieve common goals through a division of labor and a hierarchy of authority.
- Distinguish between strategic alliances, mergers, and acquisitions.
Verified Answer
NB
Learning Objectives
- Distinguish between strategic alliances, mergers, and acquisitions.