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celina navarrete
on Dec 10, 2024

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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.
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Nikki BrodoskyDec 13, 2024
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