- 1 Marks
Question
Which of the following is a strategic alliance?
A. Joint venture
B. People alliance
C. Geographic specific
D. Investment
E. Sale
Answer
Answer: A
Explanation:
A “Joint venture” is a form of strategic alliance where two or more parties collaborate to achieve a specific goal while remaining independent organizations. It allows companies to share resources, knowledge, and risks in a project or business activity, making it a classic example of a strategic alliance.
- Tags: Business Agreements, Joint Ventures, Strategic Alliances
- Level: Level 1
- Topic: Business and Organizational Structures and Choices
- Series: MAY 2017
- Uploader: Kwame Aikins