Which of the following is the best definition of a strategic alliance?
A) Combinations of firms that have been joined by merger, consolidation, or acquisition.
B) A public offer by one firm to directly buy the shares from another firm.
C) The positive incremental net gain associated with the combination of two firms through a merger or acquisition.
D) Agreement between firms to cooperate in pursuit of a joint goal.
E) Corporate takeover bid communicated to the shareholders through a stock exchange.

Question

Quizplus · Accepted Answer

Strategic alliances are partnerships where companies agree to cooperate to achieve a shared objective, without merging their businesses or assets. This allows them to maintain their independence while working together on specific projects or initiatives.

Which of the Following Is the Best Definition of a Strategic