Which of the following is true about strategic alliance?
A) It is an agreement that considers the choice between making money or controlling and running a business.
B) It is a business relationship based on cooperation out of mutual need, and there is shared risk in achieving a common objective.
C) It is the transference of leadership from one generation to the next to ensure continuity of family ownership of the business.
D) It is a nonprofit association dedicated to educating entrepreneurs and helping small businesses start, grow, and succeed nationwide.
E) It is insurance that protects a business in the event of a natural disaster that affects the ability of a company to conduct business.
Correct Answer:
Verified
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