A(n) __________ is a partnership in which organizations join together to pursue areas of mutual interest.*
A) management club
B) acquisition
C) corporate takeover
D) strategic alliance

Question

Quizplus · Accepted Answer

A strategic alliance is a type of partnership where two or more organizations come together to pursue mutual interests while retaining their independence. It allows them to pool resources and expertise, share risks and costs, and achieve greater competitive advantage. Therefore, option D, strategic alliance, is the best choice. The other options (management club, acquisition, and corporate takeover) do not accurately describe this type of partnership.

A(n) __________ Is a Partnership in Which Organizations Join Together