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Diego Duarte
on Nov 09, 2024

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Which of the following would NOT be classed as a strategic alliance?

A) Company A buys company B.
B) Company A enters into a research consortium with company B.
C) Company A enters into a close arrangement with its unique supplier, company B.
D) Company A engages in a joint venture with company B.
E) Company A enters into a close arrangement with the union representing its workers.

Strategic Alliance

Strategic alliance is a formal agreement between two or more parties to pursue a set of agreed upon objectives while remaining independent organizations.

Research Consortium

A group or association of institutions or organizations that collaborate together to conduct research on specific areas of interest.

Joint Venture

Two or more organizations form an alliance in the creation of a new organizational entity.

  • Understand the function of strategic partnerships and their impact on gaining competitive leverage and strategic targets.
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Rakish BunduNov 11, 2024
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