Company A has entered into an alliance with Company B with the agreement that they will exchange skills and technologies that the other desires to help them both profit. One way to achieve the goal of this alliance is to enter into a cross-licensing agreement.

Question

Quizplus · Accepted Answer

A cross-licensing agreement allows both companies to share their technologies and skills with each other, which can help them both profit from their alliance.

Company a Has Entered into an Alliance with Company B