An agreement to share resources that does not necessarily involve creating a new company is a __________.
A)joint venture
B)direct investment
C)strategic alliance
D)contracting

Question

Quizplus · Accepted Answer

A strategic alliance is a partnership between two or more companies to pool resources in a way that does not require creating a new separate entity. The companies remain independent but work together towards a common goal. Joint venture involves creating a new company together, direct investment involves one company investing money in another, and contracting involves outsourcing specific tasks or services.

An Agreement to Share Resources That Does Not Necessarily Involve