________ refer to collaborative relationships between independent firms, though the partnering firms do not create an equity partnership; that is, they do not invest in one another.

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14-07-2022
Business

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________ refer to collaborative relationships between independent firms, though the partnering firms do not create an equity partnership; that is, they do not invest in one another.

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baliyansmiriti baliyansmiriti · Answer 1 · 2022-07-22T05:07:34+02:00

Strategic alliances refer to collaborative relationships between independent firms, though the partnering firms do not create an equity partnership; that is, they do not invest in one another.

A strategic alliance is an arrangement among corporations to undertake a mutually useful challenge even as each retains its independence. The agreement is much less complex and much less binding than a joint project, in which businesses pool resources to create a separate enterprise entity.

A strategic alliance is a joint collaboration between or more entities on a way to acquire common objectives. This technique can result in greater fast attainment of targets, probable at a lower price.

There are organizational, economic, strategic, and political blessings in pursuing a strategic alliance. However, risks consist of the fact you'll have to proportion earnings and probably reveal change secrets and techniques. you could additionally create a potential competitor and have to give up different opportunities.

Learn more about strategic alliances here https://brainly.com/question/13710961

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