A strategic alliance:
Options:
| A. Is a collaborative arrangement where companies join forces to defeat mutual competitive rivals B. Involves two or more companies joining forces to pursue vertical integration C. Is a formal agreement between two or more companies in which there is strategically relevant collaboration of some sort, joint contribution of resources, shared risk, shared control and mutual dependence D. All the above. |
The Correct Answer Is:
C. Is a formal agreement between two or more companies in which there is strategically relevant collaboration of some sort, joint contribution of resources, shared risk, shared control and mutual dependence