Question
Q1.5 [2.0 PTS] A strategic alliance is a cooperative arrangement among businesses that may involve joint research ,tec or joint use of productions. False True
Solution
4
(249 Votes)
Eric
Master ยท Tutor for 5 years
Answer
True. A strategic alliance is a cooperative arrangement between two or more independent firms to achieve a common business objective. These objectives can include joint research and development, technology sharing, joint production, and other collaborative efforts.