Strategic alliances:

A) ensure access to raw materials deemed critical to national security.
B) are only possible when there is no intellectual property or technology involved.
C) do not require any contribution from top management.
D) are informal buyer-supplier relationships.
E) support the idea that supplier relationships contribute to organizational success.

Strategic Alliances

Partnerships between two or more companies to pursue a set of agreed upon objectives while remaining independent organizations.

Intellectual Property

Legal rights related to creations of the mind, such as inventions, literary and artistic works, symbols, names, and images.

Organizational Success

The achievement of the goals and objectives set by an organization, typically measured by various performance indicators.