A strategic alliance can only be formed when a joint venture takes place

Question

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A strategic alliance is a partnership between two or more companies to achieve mutual benefits such as access to new markets, shared expertise, and cost savings. While a joint venture is one type of strategic alliance, there are other forms such as licensing agreements, distribution agreements, and co-marketing agreements. Therefore, a strategic alliance can be formed without a joint venture taking place.

A Strategic Alliance Can Only Be Formed When a Joint