A strategic alliance is similar to a joint venture because they typically involve sharing costs,risks,management and even profits.

Name: A strategic alliance is similar to a joint venture because they typically involve sharing costs,risks,management and even profits.
Brand: Quizplus
Rating: 4.8 (36 reviews)

Question

Quizplus · Accepted Answer

A strategic alliance is a collaboration between companies that remain independent, whereas a joint venture involves creating a new entity where both parties share ownership, costs, risks, management, and profits.

A Strategic Alliance Is Similar to a Joint Venture Because