Strategic alliances are the same as joint ventures.

Name: Strategic alliances are the same as joint ventures.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Strategic alliances and joint ventures are similar in that they involve collaboration between two or more companies, but they are not the same thing. A joint venture typically involves the creation of a new, separate company to pursue a specific project or goal, while a strategic alliance is a more flexible agreement where companies work together, but still operate independently.

Strategic Alliances Are the Same as Joint Ventures