_______ are arrangements between two or more companies in which they both contribute capabilities,resources or expertise to a joint undertaking,usually with an identity of its own,with each firm giving up overall control in return for the potential to participate in and benefit from the relationship.
A) Joint ventures
B) Strategic alliances
C) Outsourcing agreements
D) Contractual diversification

Question

Quizplus · Accepted Answer

The description fits the definition of a strategic alliance, where two or more companies collaborate and contribute resources to achieve a common goal while retaining their individual identities. Joint ventures are also a possibility, but the description implies that the new undertaking would have a separate identity, which points more towards strategic alliances. Outsourcing agreements and contractual diversification do not involve joint undertakings or the sharing of resources between two or more firms.

_______ Are Arrangements Between Two or More Companies in Which